Fed Chair Kevin Warsh said "𝗽𝗿𝗶𝗰𝗲𝘀 𝗮𝗿𝗲 𝘁𝗼𝗼 𝗵𝗶𝗴𝗵" and declined to signal what the Fed may do at its July meeting — a hawkish tone with no forward guidance on rate cuts. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Warsh's inflation concern without July guidance keeps rate-cut hopes on hold. For BTC and risk assets, higher-for-longer rates raise the opportunity cost of holding non-yielding assets. The data-dependent stance means upcoming CPI/PPI and labor prints become the real July catalyst — not Fed rhetoric. Until then, leveraged longs face asymmetric risk: any hot inflation print extends the hawkish tilt, while a cool one is already partially priced. source: CoinDesk Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1148(Hupzy (Spot On Chain))