Stocks, Gold, & Crypto Dip After Fed’s No Rate Change Decision
Financial markets in the US are taking a hit after the newly elected Federal Reserve Chair Kevin Warsh announced that interest rates would remain unchanged. According to CoinGlass data, the cryptocurrency market saw $491.36 million worth of liquidations in the last 24 hours. The S&P 500 has dipped 91.5 points, falling by 1.21%. Even gold was not left out of the market trend. The yellow metal fell to $4,270 after the Fed’s announcement. Let’s discuss if stocks, gold, and cryptocurrencies will recover soon.Why Are The Market Down?Source: Watcher.GuruInflation in the US rose to 4.2% for May 2026. High inflation figures led to a market-wide dip earlier this month. Bitcoin (BTC) fell to below $60,000, pulling the larger cryptocurrency market. One major factor in rising inflation numbers was the US-Iran conflict. The war led to a substantial disruption in global energy supply, causing crude oil prices to surge. The move directly led to higher inflation. With an MOU (Memorandum of Understanding) in place, and the Strait of Hormuz open, oil prices have already begun to dip. The move could lead to cooling inflation figures. The cryptocurrency market could rebound if inflation goes down.The stock market also experienced a dip due to the re-escalation in the Middle East. The stock market also saw significant liquidity drain ahead of the SpaceX (SPCX) IPO. However, today’s dip even saw SpaceX lose about $190 billion from its market cap.With Stock, Cryptocurrency, And Gold Prices Down, Is It A Good Time To Enter?The market dip presents a good opportunity for investors to load up on their favorite assets for a lower price. Buying the dip is an investment strategy that many whales and veteran traders follow.The cryptocurrency market had one of its most direst six months in recent memory. However, Anthony Scaramucci believes Bitcoin (BTC) is at its bottom right now. The SkyBridge Capital founder anticipates Bitcoin (BTC) to hit $70,000 in July. The larger cryptocurrency market will likely follow BTC’s trajectory.Also Read: Bitcoin Still In 4-Year Cycle, Says Scaramucci: 2029 Next Peak?The stock market is also expected to rebound in due time. AI-based stocks have dominated the markets and the trend is expected to continue for the time being.
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