Investor uncertainty around potential Federal Reserve rate cuts is weighing down the cryptocurrency market. This cautious sentiment, as indicated by 10x Research, has dampened risk appetite and stifled demand for altcoins. Bitcoin’s price has dipped below its moving averages, reflecting this trend. 10x Research suggests a bearish outlook for both Bitcoin and Ethereum, with derivatives positioning and altcoin demand pointing to heightened market caution. The potential Fed rate cuts remain a point of uncertainty, impacting both Bitcoin and altcoin prices. As reported by Markus Thielen, founder of 10x Research, this market hesitation is creating cautious investor behavior. Bitcoin’s recent drop following remarks by a Federal Reserve official further highlighted the impact of these expectations on crypto markets.