According to the FOMC minutes, most Fed officials believe that additional policy easing this year would be appropriate amid rising employment risks and persistent upside inflation risks. However, a few members indicated they might support holding off on a rate cut in September.
At the time of writing, Bitcoin (BTC) is trading at $121,750, while Ethereum (ETH) stands at $4,352.
The Fear and Greed Index is at a neutral level of 58.
Key developments to watch today:
Internet Computer (ICP): The ICP Ninja Livestream event will be held.
General Market Data: U.S. jobless claims will be released.
