Bitcoin price responded to July 2023 Federal Open Market Committee’s (FOMC) meeting minutes with a slight uptick. Federal officials believe further tightening could be essential as inflation fears might exceed expectations. Meanwhile, market participants expect the Federal Reserve to pause rate hikes this year. Potential rate pause in 2023 The Fed staff trusts inflation pressure The post Bitcoin outlook as FOMC minutes signal interest rates pause in 2023 appeared first on Invezz .
