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Bitcoin Drops to $64K After Hawkish FOMC Holds Rates

2026-06-19 10:08:37

The Fed held its benchmark rate at 3.50% to 3.75% on Wednesday at Kevin Warsh’s first meeting as chair. The updated dot plot lifted the median year-end 2026 rate projection to 3.8% from 3.4% in March. Bitcoin dropped to $64,000 after the meeting. MSTR fell 5%, and STRC reached a new low at $89.

BTC1.02%

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