CandleFocus

Fed’s Waller signals multiple rate cuts in 2025 as Bitcoin holds steady near $100K

Federal Reserve Governor Christopher Waller has suggested that multiple rate cuts could occur in 2025 if the current disinflationary trend continues. Waller stated that if inflation data remains favorable, rate cuts could be expected in the first half of the year, with the possibility of a cut as early as March. He also noted that future cuts could exceed market expectations if inflation aligns with December's data. The labor market and data-driven decisions will continue to influence the Fed's outlook. Bitcoin responded positively to the recent release of consumer price index (CPI) data, briefly surpassing the $100,000 resistance level. However, Bitcoin has struggled to sustain trading above this mark. Alternative digital assets, such as Solana and XRP, have seen gains, while Bitcoin's market dominance has decreased to 57%. The DXY (U.S. Dollar Index) remains on a downward trend.

Related News