Bitcoin Could Rally if Fed Holds Rates Steady, Grayscale Says on June 22

BTC0.65%
According to Grayscale Investments' June 22 research note, bitcoin could narrow its performance gap with equities if the Federal Reserve refrains from raising interest rates. The Federal Reserve voted unanimously on June 17 to keep the federal funds rate at 3.5% to 3.75%. Since late February, U.S. equities have gained 9% while bitcoin has fallen 1% and gold has dropped 20%, reflecting market repricing of Fed policy expectations. Grayscale Head of Research Zach Pandl stated: "Our base case is for the Fed to hold off on rate hikes. If we're right, bitcoin's price may catch up with stocks." The next Federal Reserve interest rate meeting is scheduled for July 28-29, 2026.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments