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Hawkish Federal Reserve Shifts: The market is dealing with the aftermath of the June 16–17 FOMC meeting.
Prior to and during the meeting, hawkish signals and a heavily scrutinized "dot plot" from the Fed triggered market anxiety.
Persistent inflation risks (with May CPI at 4.2% YoY) have continuously forced the central bank to delay anticipated interest rate cuts, weighing heavily on risk assets like cryptocurrencies