Fed Cautions on Rate Cuts, Impacting Bitcoin and Ethereum

Patrick Harker, President of the Federal Reserve Bank of Philadelphia, expressed uncertainty about future interest rate cuts in response to ongoing inflation concerns. This cautious stance has influenced market sentiment, impacting both Bitcoin and Ethereum prices as investors react to shifts in interest rate expectations. 2023-2025 saw similar patterns with cautionary monetary easing signaling crypto market volatility, suggesting a potential link between the Fed’s actions and the performance of digital assets.