The post Not even the Fed moves Bitcoin appeared on BitcoinEthereumNews.com.

Yesterday, the Federal Reserve (Fed) left interest rates unchanged, thus causing a null impact on the price of Bitcoin.  Subsequently, there was the usual press conference by President Jerome Powell during which he outlined the current situation and future forecasts.  Very often these two events, namely the announcement of the Fed’s rate decision and the press conference of its chairman, impact the trend of the price of Bitcoin, but yesterday from this point of view nothing happened.  The anomaly in the price of Bitcoin: not even Powell from the Fed moves it There is indeed an ongoing curious anomaly in the trend of the price of Bitcoin. From May 31 until today, the emotion seems to have disappeared from the market of BTC. In reality, on May 31st it decreased significantly, and starting from the day before yesterday, it has practically disappeared completely. At this precise moment, there is no excess of emotion affecting the price of Bitcoin, because there is no sign of any bull enthusiasm or bear fear. It is a real anomaly, because usually the crypto markets are very emotional.  It must be said that there is still a bit of residual emotion on other crypto, but there isn’t much, and it only concerns a part of the crypto market. On Bitcoin, however, since the day before yesterday, it seems to have completely vanished.  The really curious thing is that the current price of Bitcoin is still very close to the all-time highs from about a month ago (-6%), and this makes it really difficult to understand how the emotion could have completely disappeared.  The Dollar Index (DXY) The trend of Bitcoin’s price tends to be inversely correlated to the Dollar Index in the medium term.  The Dollar Index (DXY) is the index that measures the strength…

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Filed under: News - @ June 19, 2025 8:26 am