#fed #USGovernment $XRP $BNB $DOGE
The upcoming Fed minutes and US CPI data will influence investor sentiments on how the FOMC meeting will turn out on July 30.The appearance of a bullish pennant also indicates that a 5% rally to $113,913 is likely to happen.Bitcoin (BTC) has not made any meaningful gains in the last six days as it has remained stuck between $107,000 and $110,000. However, this might change this month because of the release of the Fed minutes on Wednesday and the FOMC meeting that will happen on July 30, 2025.
If the Fed were to lower interest rates later this month as inflation drops below 2%, how would it affect the Bitcoin price?Will the Federal Reserve Trim Interest Rates in July?Data from the CME FedWatch Tool shows that 95% of investors are expecting that the Federal Reserve will not change interest rates during the July 30 meeting.
The reason behind this is fewer reports showed that the US economy had created 147,000 new jobs during the month.Bitcoin price may have already factored in the possibility that there will be no changes in the interest rates this month. However, there is debate about US inflation dropping, which might change the stance of investors and lead the Fed to change the rates.This speculation is coming from the Truflation US Inflation Index, which has dropped from 2.27% to 1.70% in less than two weeks, with the decline coming right before the release of the CPI data on July 15.If the inflation data that will go out next week also supports this decline, it may be a good thing for the BTC price because it will increase the likelihood of the interest rate dropping.At the same time, the Fed will publish its minutes for the May meeting on July 9. The market is waiting for the report to understand the sentiment that Fed officials have toward inflation. If it happens that the officials are no longer concerned about inflation, the price of Bitcoin might start to recover. However, even if consumer prices drop and the Fed minutes come in positive, zero chance that the interest rate will