Bitcoin holds steady as markets await Fed and regulatory shifts
Today’s markets analysis on be
Bitcoin traded sideways overall and remained confined to a range since the middle of July after reaching a new high. Traders could remain cautious ahead of the Federal Reserve meeting. The central bank is expected to keep interest rates unchanged, but attention is focused on the accompanying guidance. The central bank’s cautious stance could weigh on risky assets. However, a softer tone could help lift bitcoin toward its previous high.
Despite this cautious backdrop, institutional activity in crypto markets continues to signal underlying interest. BTC ETF inflows remain positive, although they are relatively limited compared to the volumes seen earlier this month. Meanwhile, the U.S. GENIUS Act, signed into law this month, marks a turning point in federal crypto oversight. Regulatory clarity could support institutional adoption and long-term market maturation. In this regard, the upcoming US crypto policy report could also affect market expectations and drive price action.
Zaid Barem / ymm