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Market Briefing
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The Fed kept the policy rate at 3.50–3.75% at the July FOMC in a split 9-3 vote, with the statement stressing the dual mandate and a commitment to maintaining ample banking-system liquidity. The three dissents signal a divided committee, so new Chair Kevin Warsh's first press remarks will drive repricing in UST yields, DXY, and rate-sensitive risk assets including BTC and NASDAQ. Watch whether Warsh leans hawkish against the liquidity-support framing — a hawkish surprise would pressure BTC beta, while confirmation of easing bias would support crypto and gold.
As a Macro signal, watch whether it changes price action, volatility, or flows around BTC, GSPC, KRW=X.
Original Source: 토큰포스트
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