Bitcoin's price has cooled after reaching a high above $100,000, and the Fed's hawkish outlook could deepen that consolidation. XBTO, a cryptocurrency trading firm, stated that traders are preparing for volatility if the dot plot reflects less dovish expectations.
According to analyst Matteo Greco from Fineqia, the expectations for interest rate cuts in 2025 have decreased from 100 basis points to just 50 basis points and could drop further to 25 basis points if global tensions continue.
