Crypto investors closely watching Fed interest rate decision later today

June 18, 2025
James Bowater

📉 Bitcoin dips 1.3% - holding above $105,000 amid global uncertainty. 📊 Fear & Greed Index stays Neutral - as investors await market signals.
🏦 Fed rate decision due today - with markets expecting no change.
🗣️ All eyes on Powell’s remarks - for clues on future rate cuts amid geopolitical risks.

Crypto markets continue to reflect pressure from geopolitical and global economic uncertainty. Nothing major, but there is some downside across most markets this morning. Bitcoin is down roughly 1.3% overnight but continues to hold above the $105,000 level. Ethereum is mirroring this move, while altcoins further down the market cap board have seen deeper declines. The Fear and Greed Index continues to hover in Neutral as investors look for clearer signals on where markets might be heading.

Those signals could arrive with the Federal Reserve Bank’s interest rate decision expected around 18:00 GMT today. Markets are broadly pricing in that the Fed will hold rates steady at 4.25% to 4.50%, with CME FedWatch - reflecting expectations for changes in the Federal Reserve’s interest rate based on Fed funds futures prices - showing a 99.9% probability of no change today.

But most investors will be listening closely to Chair Jerome Powell’s press conference for any clues. Will the Fed hint at more rate cuts in September? Or is the uncertainty from potential trade tariffs and tensions in the Middle-East too great? Investors will be watching closely.

In the markets… 

🌍 Total crypto market cap ↘️

The global crypto market cap is approximately $3.31  trillion, reflecting a 1.55% decline over the past 24 hours. 

🟠 Bitcoin (BTC) ↘️

Price: $105,354, down 1.33% in the last 24 h
Daily high: $106,795
Daily low: $103,630 

📈 S&P 500 ↘️

SPY is currently down about 0.84% since yesterday’s close. 

😐 Fear & Greed Index

The Crypto Fear & Greed Index stands at 53/100, indicating a neutral sentiment.

📊 Bitcoin Relative Strength Index (RSI) (14)

The 14-day RSI for BTC is approximately 48, still in the neutral zone (30–70).