{"content":"📊 BTC Remains Steady — Powell’s Tariff Inflation Warning Shakes Market Mood The US Federal Reserve maintained interest rates on Wednesday. Jerome Powell issued hardline views during President Trump's tariff talks. Bitcoin and top altcoins are volatile, and the Fear and Greed Index is high. Market expectations were met when the FOMC kept interest rates steady on Wednesday. Minor losses shook the US market as Bitcoin (BTC) dipped below $116,000. BTC rose 0.50% Thursday, recovering $118,000. Top cryptocurrencies including Ethereum (ETH), Ripple (XRP), and Solana (SOL) are volatile as Powell tightens. The market expected the Fed to maintain rates at 4.25% to 4.50% for the fifth time as inflation stays high. In reaction to tariff-induced inflation fears, FOMC chairman Jerome Powell was hawkish. On Wednesday, US President Donald Trump placed 25% tariffs on India, 15% on Japan and the EU, and 30% on China. Powell stated, "Increased tariffs are pushing up prices," raising inflation concerns. Since rising inflation normally leads to rate rises to curb demand, Powell said "the Fed is looking through inflation by not hiking." However, hawkish rate hike remarks have caused market volatility as costs rise due to global tariffs. Bitcoin temporarily fell below $116,000 on Wednesday because to consistent interest rates and Powell's statements on rate rises, increasing costs, and tariffs. A rate drop usually boosts market demand by making borrowing easier and increasing investors' risk appetite for risky assets like Bitcoin. However, keeping interest rates constant and hawkish rhetoric caused immediate anxiety and a downturn. If rates rise, borrowing money may become harder, reducing Bitcoin demand. While waiting, BTC and leading altcoins like ETH, XRP, and SOL rebound from Wednesday's slump. Ethereum rises over 1% at press time on Thursday following a Doji candle on Wednesday. At press time, Ripple and Solana are up roughly 2%, reversing 1% and 2% losses from the previous day. #WhiteHouseDigitalAssetReport #BTC #FOMCMeeting $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/31/62367a38f1a0419496d17c6458202cf9.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}