Bitcoin Struggles to Recover as Fed Holds Firm on Rates and Inflation Stays Elevated

TLDR: The Fed now projects only one rate cut for 2026, leaving Bitcoin and risk assets with limited near-term relief. Inflation forecasts have been revised upward to 2.7% for 2026, driven partly by rising oil and natural gas prices. The U.S. 30-year treasury yield is approaching 5%, raising the cost of capital and tightening global [...]

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