$BTC The Federal Reserve signals a hawkish stance: The latest Federal Reserve meeting kept interest rates unchanged but sent a strong signal that rate hikes could occur later this year, with expectations for rate cuts almost fading. The strengthening dollar has put significant pressure on cryptocurrencies and other interest-free assets.



New FOMC Chair Debuts: The new Federal Reserve Chair, Kevin Warsh, made his first appearance, turning the dot plot hawkish, which intensified market panic sentiment, with the Fear & Greed Index dropping to a historic low of 15.

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