BlockBeats News, July 30, a rare interest rate policy divergence within the Federal Reserve has emerged for the first time in 30 years. Governor Waller and Bowman lean towards an immediate rate cut of 25 basis points, emphasizing risks in the labor market and short-term inflation effects brought on by tariffs, but mainstream members of the market still prefer to maintain the current interest rate. Several institutions point out that this divergence will be an important observation point for the direction of policy in the coming months.
In the cryptocurrency market, BTC has recently fluctuated between the range of 116,000 to 119,000, with support below 117,000, while selling pressure is concentrated in the 119,000 to 120,000 area, posing resistance to upward movement. Price fluctuations are influenced by market expectations of a shift in Federal Reserve policy.
Bitunix Analyst Suggests: Policy divergence increases short-term uncertainty in the market, and BTC is expected to continue fluctuating. Investors are advised to closely monitor the high and low points of the current consolidation range and wait for clearer policy signals before redeploying positions. Ask ChatGPT
