Bitcoin Weakens Despite Fed’s Easing Measures
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Experts say if the Fed continues its interest rate cuts and global macroeconomic conditions remain favorable, Bitcoin could hit an ATH by early 2026.
Mid-week, markets were rattled by an unexpected downturn that caught investors off guard despite an influx of seemingly bullish developments. The Federal Reserve announced the end of quantitative tightening (QT), the US and China agreed to a long-awaited “trade truce,” and two consecutive rate cuts hinted at a shift toward monetary easing.
On top of that, regulators approved an altcoin staking ETF. Despite this, rather than rallying, both Bitcoin and US equities sank. On-chain data pointed to weakening institutional demand, while Fed Chair Jerome Powell’s warning dampened the optimism.
As of Friday, sentiment remains fragile, as Bitcoin trades around $109,000.
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