The Federal Reserve releases a signal of easing, and the crypto market pulls back in response

On June 18, the Federal Reserve kept the benchmark interest rate unchanged at 3.50%-3.75% at this meeting, marking the fourth consecutive time it has held steady without action, which the market had already been expecting.

Federal Reserve Chair Powell made his position clear: officials in the market do not support short-term rate hikes, and they urged the market to closely watch the real economic fundamentals rather than overhype the central bank’s statements.

Although expectations for rate hikes have cooled, BTC has still fallen below 64000 USD, reflecting that the market faces other pressures as well.
$ASTER ‌ $HYPE ‌ $UNI ‌