The Fed is preparing to raise interest rates: Will cryptocurrencies be affected?
2026-08-07 17:05:21
According to CoinMeta, Federal Reserve Chairman Kevin Warsh stated that if inflation exceeds expectations, he is prepared to raise interest rates in September. Analyses suggest that inflation may rise in July 2026, which could have an impact on the cryptocurrency market. As higher interest rates make borrowing more difficult, investors may shift their funds to safer assets such as gold and other safe-haven commodities. Although inflation in the United States has declined in recent months, dropping to 3.5% in June, the cryptocurrency market has not seen positive price trends. The Federal Reserve expects inflation data in July to further decline to 3.32%. However, the recent escalation of tensions between the United States and Iran has led to a surge in oil prices, which could push the Consumer Price Index (CPI) upward, posing a threat to the crypto market.
Bullish 1
Bearish 0
Source:Watcher.Guru
This content is for market information only and does not constitute investment advice.