• The Federal Reserve maintained rates, marking the fifth consecutive hold, with a 9‑2 vote after two governors—Bowman and Waller—dissent in favor of cuts. This is the first dual dissent since 1993.

  • Fed Chair Powell issued a cautious outlook, leaving open the possibility of rate cuts in September.

  • Markets responded with mild volatility: Bitcoin dipped slightly (~$117K) after an initial uplift tied to crypto policy optimism.

🧭 Why This Matters

  • Clear regulatory direction + potential September rate cut = a favorable macro backdrop for crypto adoption and institutional interest.

  • The absence of details on the strategic Bitcoin reserve may be a short-term disappointment, but the overall pro-crypto tone from the White House is a strong signal of long-term commitment

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