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Breaking: Major Banks Now Expect No Fed Rate Cuts in 2026, Bitcoin Falters
Source: CryptoNewsNet Original Title: Breaking: JPMorgan Now Expects No Fed Rate Cuts in 2026, Bitcoin Falters Original Link: Bitcoin has experienced a significant decline following reports that major financial institutions no longer anticipate any Federal Reserve rate cuts in 2026. Following the latest US employment data, several prominent banks have postponed their expectations for Fed rate cut announcements, signaling a more hawkish monetary policy outlook.
This shift in interest rate expectations has directly impacted cryptocurrency markets, with Bitcoin showing weakness in response to the extended timeline for potential rate reductions. The correlation between Fed policy decisions and Bitcoin’s price movement underscores the asset’s sensitivity to macroeconomic conditions and investor sentiment regarding monetary policy trajectories.