Bitcoin is currently priced at $85,208, up 1.8%. Analysts express concerns over optimism following Powell’s remarks, citing potential inflation risks from tariffs. Solana is rated ‘overweight’ amidst new ETF launches, while overall trading activity for Bitcoin remains high despite ETF inflow slowdowns.

Bitcoin traders reacted positively to the Federal Reserve’s recent interest rate stance, which did not feature the anticipated rate cuts. Fed Chair Jerome Powell suggested potential cuts later in the year, generating optimism in the markets. However, deVere Group’s CEO Nigel Green cautioned that President Trump’s tariffs may undermine the Fed’s optimistic outlook, potentially leading to inflationary pressures over time.

Despite Bitcoin’s current price increase, analysts remain cautious about future trends, highlighting potential inflation risks stemming from tariffs. While investors have responded favorably to Powell’s remarks, the economic landscape remains complex, with Bitcoin trading lower than its previous month’s value. This reflects ongoing concerns and a divergence in market expectations as trading activity continues to evolve.

Original Source: decrypt.co

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