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The main factor holding back the current bullish momentum in crypto is the stance of The Fed (the U.S. Federal Reserve), which is still maintaining the benchmark interest rate at a high level (around 3.50% - 3.75%). The latest FOMC meeting even indicated the possibility of interest rate hikes at the end of the year. This causes some investors to withdraw their capital from high-risk assets like crypto.$XAUUSD $XTIUSD