Bitcoin Dips to $115K After Fed’s Hawkish Tone: What’s Next for BTC Amid Interest Rate Uncertainty?

Bitcoin Drops to $115K as Fed Holds Rates and Powell Signals Caution — Market Eyes September Pivot

Bitcoin (BTC) briefly dipped to $115,700 following a hawkish statement from Federal Reserve Chair Jerome Powell during the July 30th interest rate announcement. Although the Fed held interest rates steady, Powell's cautious tone and data-dependent stance for the next decision in September triggered a risk-off response across markets, leading to a short-term sell-off in crypto.

Fed Holds Rates, But Hawkish Tone Sparks Market Repricing

While the July rate decision aligned with market expectations — no change, keeping the federal funds rate in the 4.25%–4.50% range — Powell's remarks during the post-meeting press conference sent shockwaves through risk assets like Bitcoin and equities.

“For the time being, we’re well-positioned to learn more about the likely course of the economy and the evolving balance of risks before adjusting our policy stance,” Powell stated, pointing to ongoing inflation concerns from tariffs and mixed economic data.

His "wait-and-see" approach signaled that the Fed remains non-committal about pivoting toward looser policy in the near term.

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