Analyst: Increased uncertainty in Federal Reserve policy may lead to further declines in Bitcoin prices

ActivTrades analyst Carolane De Palmas stated that Bitcoin's recent price movements are increasingly dependent on the Federal Reserve's interest rate cut outlook, and the market remains fragile. Due to the U.S. government shutdown and the possibility that various data may not be released in October, the Federal Reserve may have to formulate policies with limited data. This information gap weakens market liquidity expectations and puts pressure on speculative assets, leading to further declines in Bitcoin's price.