Bitcoin Struggles Below $97,000: What Analysts Anticipate Next? – BitRss

Interest Rates, Markets, and Cryptocurrency

The Federal Reserve began cutting interest rates rapidly, but then abruptly halted these reductions. This pause has led to expectations that there may not be significant cuts for almost another year, with forecasts suggesting just one to two cuts for 2026. Such monetary constraints could hinder the performance of cryptocurrencies, which have been negatively affected by these concerns.

In recent meetings, some Fed members proposed stopping or even reversing the balance sheet contraction. This development would be quite favorable for cryptocurrencies. However, as of the article’s writing, Bostic noted that some further tightening of the balance sheet might still occur.

Crypto Pred…