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U.S. President Donald Trump said he is fine with the Federal Reserve's decision to hold interest rates steady, BlockBeats reported. He added that a future rate hike is a possibility.

According to CoinNess market monitoring, BTC has fallen below $65,000. BTC is trading at $64,996.01 on the Binance USDT market.

The price of spot gold has plunged 2.00% in intraday trading to $4,244.31 per ounce.

Federal Reserve Chairman Kevin Warsh stated at an FOMC press conference that no one within the Fed wants to raise interest rates in the short term. Responding to a question on whether current data supports a rate hike, Warsh said that not a single one of the 19 members present agreed with such an assessment. He added that the committee will reconvene in six weeks to revisit the issue.

Bitwise Chief Investment Officer (CIO) Matt Hougan has stated that the lines between traditional finance (TradFi) and cryptocurrency are starting to blur, U.Today reported. He pointed to Coinbase's recent announcement of its plan to transform into a comprehensive infrastructure provider by offering a product suite that includes stocks, derivatives, AI, and consumer finance. Hougan explained that with these changes, Coinbase could no longer be strictly considered a cryptocurrency company.

U.S. President Donald Trump stated that an agreement with Iran will be signed within the next 48 hours.

The U.S. and Iran have pledged to reach a final agreement on the text of a Memorandum of Understanding (MOU) within a 60-day negotiation period, Iran's state news agency reported. This deadline can be extended.

According to data from Coinglass, approximately $1.023 billion in cumulative short positions could be liquidated across major centralized exchanges if Bitcoin surpasses $68,639. Conversely, an estimated $1.009 billion in cumulative long positions face liquidation if the price drops below $62,127.

A spokesperson for the Iranian Foreign Ministry stated that the United States has promised to lift all types of sanctions against Iran through future negotiations, Iran's SNN News Agency reported.

According to CoinNess market monitoring, BTC has risen above $66,000. BTC is trading at $66,020.01 on the Binance USDT market.

Coinbase has announced it will support the migration of Injective (INJ) from July 20 to 22. The move comes as Injective prepares to launch its own EVM mainnet. Coinbase will facilitate the migration from the Ethereum-based (ERC-20) version of INJ to the new native, EVM-based token.

U.S. Federal Reserve Chairman Kevin Warsh said the 2% inflation rate is a long-standing goal of the central bank.

Federal Reserve Chairman Warsh stated that current inflation is significantly above the 2% target.

The probability of the Federal Reserve holding interest rates steady at its July meeting stands at 85.3%, according to the CME FedWatch Tool. The tool indicates a 14.4% chance of a 25 bp rate hike and a 0.3% chance of a 50 bp increase.

The CEO of asset management firm Strive stated on X that the company considers Bitcoin its minimum acceptable rate of return, or "Hurdle Rate." He analyzed that based on simple total return metrics, it will be difficult for investments in companies with Bitcoin-based businesses to outperform Bitcoin itself over the next 10 to 15 years. Despite this, he stressed the importance of supporting the Bitcoin network, calling Bitcoin Strive's most fundamental "Treasury Asset." He added that this asset management strategy includes helping Bitcoin-related companies grow and succeed. The CEO also noted that as the firm's balance sheet expands, it is worth considering investing a small portion of total assets into such companies to help drive the unique success of the Bitcoin ecosystem.

Nick Timiraos, often described as the Fed whisperer, analyzed the Federal Reserve's latest interest rate decision, noting that the new dot plot shows a distinctly hawkish stance. Of the 18 members, nine anticipate at least one rate hike this year, with six of them forecasting multiple increases. In contrast, only one member projected a rate cut. One member, presumed to be Fed Chair Walsh, did not submit a Summary of Economic Projections (SEP). Additionally, Timiraos pointed out that the Fed completely revamped its policy statement, significantly reducing its length. He concluded that the major changes to the communication framework from this meeting could lead to a recalibration of market expectations for the future path of interest rates.

According to CoinNess market monitoring, BTC has fallen below $65,000. BTC is trading at $64,861.16 on the Binance USDT market.

Major U.S. stock indices fell immediately after the Federal Reserve announced its interest rate decision. - Dow Jones Industrial Average: -0.1% - S&P 500: -0.44% - Nasdaq: -0.47%

A statement from the Federal Open Market Committee (FOMC) shows that nine of the 18 participants project an interest rate hike in 2026.

The Federal Reserve has removed language from its statement regarding further interest rate adjustments.

The key focus now is politics, not inflation or interest rates, according to Vuk Vukovic, Chief Investment Officer (CIO) of hedge fund Oraclum Capital. He noted that when Wash took office, accelerating inflation, with the Consumer Price Index (CPI) at 4.2% and the Producer Price Index (PPI) at 6.5%, limited the scope for previously promised interest rate cuts. However, Vukovic analyzed that a recent easing of geopolitical tensions, particularly the de-escalation of conflict between the U.S. and Iran, has lowered oil prices and given Wash more breathing room. He anticipates that Wash will likely highlight this positive development while refraining from issuing warnings about inflation. Vukovic stated he does not expect a hawkish signal at the upcoming meeting, believing it is most likely that Wash will begin with a dovish stance to start his term on a positive note. He added that if Wash abandons rigid forward guidance, the market will turn its attention to other signals, increasing the significance of the government's trade, foreign, and economic policies. Whether this judgment proves correct, he said, will be the first major test of Wash's communication strategy.

A U.S. official said that while a Memorandum of Understanding (MOU) has been signed, either side can withdraw until a binding agreement is reached.

U.S. crypto-related stocks are showing gains. - Robinhood (HOOD): +12.36% - American Bitcoin (ABTC): +6.73% - Gemini (GEMI): +5.52% - Circle (CRCL): +3.54% - Bitmine (BMNR): +2.28% - Coinbase (COIN): +2.06% - Sharplink (SBET): +1.88%

An Iranian Foreign Ministry spokesperson told state media that U.S. President Donald Trump and his Iranian counterpart could sign an agreement. The spokesperson added, however, that the proposal is still under review.

A U.S. official said the United States will end all sanctions on Iran as planned.