🇺🇸 BREAKING: Warsh held interest rates steady today, as prediction markets priced about a 25% hike chance. Crypto took the pause well initially. But after Bitcoin pushed back to nearly $65K, BTC now has dropped back down to $63.5K for the time being. 🧐 Looking back to the last decision on June 17th (where rates also went unchanged), circustances were quite different. Warsh’s first FOMC hold looked bullish at first, but traders had already bought the rumor. Bitcoin fell about 9% over the next two weeks as the relief trade faded. 🚀 Powell’s final April 29th meeting actually delivered the cleanest reaction. His softer liquidity fears helped Bitcoin rally 9% over the next week, reaching $82.5K. 🧭 The next path looks constructive, but not guaranteed. No rate hike removes a major macro shock, which helps risk assets. But crypto’s next real catalyst still depends heavily on whether the CLARITY Act delivers or disappoints. 🔗 Dashboard Link: https://app.santiment.net/s/z5QrL53E?utm_source=x&utm_medium=post&utm_campaign=social_trends_fed_interest_rates_b_072926&aff=3(Santiment Intelligence)