CoinEx Daily: Bitcoin Softens Before Fed Decision With Traders Cutting Risk and Conviction

Daily View

Bitcoin traded cautiously and softened into the Fed event risk, extending the pattern of post-FOMC weakness highlighted by recent history as traders reduced exposure ahead of Warsh’s rate decision and press conference. Macro conditions were mixed: Asian equities recovered after a weaker open, the Nikkei hit a fresh record high, crude stayed under pressure, and markets remained focused on the path of U.S. rates and the dollar’s direction for broader risk appetite. Overall crypto sentiment was subdued and selective, with bitcoin stalling as investors waited for clearer macro signals and broader conviction across digital assets remained limited.