VanEck Exec: Any dovish suggestions for September could stimulate bitcoin prices
2025-07-30 17:30:57
Matthew Sigel, head of digital asset research at VanEck, said: "Bitcoin is a hedge against currency depreciation. If the Federal Reserve hints at more accommodative policy in the future, the cryptocurrency market is likely to interpret it as a green light." Joel Kruger, market strategist at LMAX Group, said: "All eyes will be on the upcoming cryptocurrency policy report from the Federal Reserve and the White House. Any dovish rhetoric from the Fed, or hints from the White House that it will strategically buy bitcoin reserves, could quickly reverse bitcoin's recent weakness."
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