BTC, ETH, and XRP eased back today—Bitcoin dropped around 1.5% to $113.7K—as traders await the Federal Reserve’s minutes for cues on whether rate cuts are still on the table for September. The odds of a cut are now down to 85%, from over 90% last week.
Meanwhile, Federal Reserve Vice-Chair Michelle Bowman made waves by advocating for central bank staff to personally hold small amounts of crypto. The goal? To better understand blockchain markets and propose smarter, less rigid regulation. She emphasized we can't regulate what we don't try.
Final Takeaway
Today feels like a quiet before the next storm. FOMC minutes could swing sentiment one way or another—so it’s a smart week to tread carefully. Meanwhile, Bowman's hands-on stance on crypto hints at a future where regulators lead, rather than lag behind innovation
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