Will the Fed’s Decisions Affect Bitcoin Prices?

Bitcoin prices recently experienced a significant drop below $105,300, largely attributed to unexpected developments in the JOLTS data. Moreover, comments from Federal Reserve member Raphael Bostic have dampened expectations for immediate interest rate cuts, casting doubt on the near-term crypto market rally. The current macroeconomic environment echoes similar conditions seen around mid-last year, placing digital currencies at a precarious point and delaying any potential rate reductions. )