US wholesale prices rose 0.9 per cent in July, their biggest monthly gain in more than three years, making a September rate cut by the Federal Reserve unlikely. Bitcoin and Ethereum prices have retreated from recent highs as traders cut bets on the Fed's imminent policy easing.
Analysts believe that the cryptocurrency market may experience seasonal weakness in September, but they expect increased global liquidity to provide support for a possible rebound in the fourth quarter.
High inflation casts a shadow over the Federal Reserve's path, but cryptocurrency bulls are optimistic about a liquidity surge in the fourth quarter
2025-08-15 03:06:31
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