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Fed meeting could matter more for the Nasdaq than bitcoin, analysts say

News | 2026/07/29 16:02

Fed meeting could matter more for the Nasdaq than bitcoin, analysts say

Traders are divided on whether the Fed will hike rates, but analysts say crypto may be less exposed than AI-driven tech stocks.

Bitcoin has held steady above $63,000 and is up about 6% for the month even as AI-linked tech and semiconductor stocks have slumped:

  • Traders are split on whether the Fed will hike rates, but analysts say bitcoin's correlation with equities has weakened:
  • Analysts suggest this week's Fed meeting may have a smaller impact on bitcoin than on traditional risk assets:

Markets are divided on whether the Federal Reserve will hike rates or stay on hold, but analysts say bitcoin may be less vulnerable than AI-driven tech stocks:

Bitcoin is trading around $64,323.73, while AI-linked technology stocks have stumbled again:

This week's Fed meeting, Kevin Warsh's second as chairman, is considered one of the most uncertain in years:

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