Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 113
    CryptoMarketNewsSponsored Article

    Stellar’s Global Reach, BullZilla’s Ethereum Engine, and Sui’s Smart Infrastructure Fuel the Top Cryptos to Buy for the Last Quarter

    What if the biggest crypto moves of 2025 are already in motion…

    By
    Benedikt Krüger
    October 24, 2025
    How CPI Report Could Trigger Bitcoin, Ethereum, XRP and Solana Volatility
    CryptoMarketNews
    How CPI Report Could Trigger Bitcoin, Ethereum, XRP and Solana Volatility
    October 24, 2025
    Trump's CZ Pardon Stuns Crypto: Markets Erupt as Insider Trade Rumors Swirl
    NewsCryptoMarket
    $BNB Jumps 5% as Trump Pardons Binance Founder CZ
    October 24, 2025
    Bitcoin and Ether ETFs Back Under Pressure as Outflows Return
    MarketCryptoNews
    Bitcoin and Ether ETFs Back Under Pressure as Outflows Return
    October 24, 2025
    image 379
    NewsCryptoSponsored Article
    TON Price Hits $2.14, Stellar (XLM) Climbs, and MoonBull Leads the Top Crypto Presales in 2025
    October 24, 2025
  • Cryptocurrency
    image 113
    Stellar’s Global Reach, BullZilla’s Ethereum Engine, and Sui’s Smart Infrastructure Fuel the Top Cryptos to Buy for the Last Quarter
    10 Min Read
    How CPI Report Could Trigger Bitcoin, Ethereum, XRP and Solana Volatility
    How CPI Report Could Trigger Bitcoin, Ethereum, XRP and Solana Volatility
    9 Min Read
    Trump's CZ Pardon Stuns Crypto: Markets Erupt as Insider Trade Rumors Swirl
    $BNB Jumps 5% as Trump Pardons Binance Founder CZ
    7 Min Read
    Bitcoin and Ether ETFs Back Under Pressure as Outflows Return
    Bitcoin and Ether ETFs Back Under Pressure as Outflows Return
    6 Min Read
    image 379
    TON Price Hits $2.14, Stellar (XLM) Climbs, and MoonBull Leads the Top Crypto Presales in 2025
    7 Min Read
    image 376
    Investors Eye MoonBull as the Top Meme Coin to Buy Now After a Massive $450K Presale – BullZilla and CULEX Rally Strong
    10 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Rate Cut Hopes Shattered Bitcoin Dives as Cleveland Fed Takes Hawkish Line
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Market > Rate Cut Hopes Shattered Bitcoin Dives as Cleveland Fed Takes Hawkish Line
MarketCryptoNews

Rate Cut Hopes Shattered Bitcoin Dives as Cleveland Fed Takes Hawkish Line

Rate cut hopes shattered Bitcoin dives as Cleveland Fed takes hawkish line
Jane Omada Apeh
Last updated: August 23, 2025 7:18 am
By
Jane Omada Apeh
Published August 23, 2025
5 Min Read
Share

According to the latest reports, the Bitcoin price dropped below $113,000 yesterday after Fed’s Hammack dismissed growing calls for an interest rate cut. Cleveland Federal Reserve President Beth Hammack said on Thursday that inflation is too high and current conditions don’t justify a rate cut.

Contents
  • Hammack Says No To Rate Cut at Jackson Hole
  • Markets Hit the Gas in a Hurry
  • What This Means for the Crypto Market
  • Conclusion
    • Summary
  • FAQs
    • Why did Bitcoin price go down?
    • How did crypto markets react?
    • When do markets shift back?
    • Will markets calm before September?
  • Glossary
    • Sources

Her comments disrupted both Wall Street and crypto traders who had priced in a near certain rate cut just a week ago. Markets are quickly recalibrating as the Fed’s hawkish stance shows no signs of softening.

Hammack Says No To Rate Cut at Jackson Hole

At the Kansas City Fed’s annual Jackson Hole Symposium, Cleveland Fed President Beth Hammack delivered remarks that crushed market expectations. When asked if current data justified a rate cut, she said

“We have inflation that’s too high and has been trending upwards over the past year. If the meeting was tomorrow, I would not see a case for reducing interest rates.”

Bitcoin Price Reaction Falters as Fed Rejects Rate-Cut Hopes
Bitcoin Price Reaction Falters as Fed Rejects Rate Cut Hopes

She warned that inflation remains too high and that present conditions do not justify policy easing. She emphasized the persistent inflation and said tariff impacts have only just begun to materialize and will be broader next year.

Markets Hit the Gas in a Hurry

Following the announcement, markets reacted quickly. Bitcoin, which had previously been flirting with an all-time high above $124,000 just few weeks ago on rate cut hopes, dropped nearly 10% and went below $113,000. In tandem, the probability of a September rate cut dropped to around 70% from near certainty just days ago.

Bitcoin price wasn’t hit alone; Ethereum, Solana and other major altcoins also dropped as markets repriced Fed policy. Traders turned to wait and see mode, eyeing Fed Chair Jerome Powell’s keynote for any guidance. Equities paused too, with a strong dollar and rising yields tempering risk appetite.

What This Means for the Crypto Market

Fading rate cut hopes has recalibrated the risk charts. Bitcoin’s price action from speculative rally to sharp drop shows how sensitive the market is to macro signals. The flight to safety opens up a broader rethink as liquidity driven euphoria gives way to inflation focused caution.

Bitcoin Price Reaction Falters as Fed Rejects Rate Cut Hopes
Bitcoin Price Reaction Falters as Fed Rejects Rate Cut Hopes

Conclusion

Based on latest research, Bitcoin price drops below $113,000 showing how fast markets move when central banks deliver hawkish signals. Inflation is still above target and tariffs have only just started to impact the economy. Policymakers like Beth Hammack are in no rush to ease.

Now, the market waits for Powell’s Jackson Hole speech to see what’s next. Until then, Bitcoin price action reflects how deep crypto assets are to the monetary policy winds.

For in-depth analysis and the latest trends in the crypto space, our team offers expert content regularly.

Summary

Bitcoin price went negative after Cleveland Fed President Beth Hammack said there’s no case for a rate cut, killing rate-cut hopes. Bitcoin fell below $113,000 and rate-cut expectations dropped to 70%. Altcoins also dropped as traders priced in Fed caution. Markets are now waiting on Chair Powell’s Jackson Hole speech to get direction.

FAQs

Why did Bitcoin price go down?

Markets reacted to Cleveland Fed President Hammack who said current data doesn’t support a rate cut.

How did crypto markets react?

Bitcoin fell 10% and went to session lows of $113,000. Altcoins also dropped and rate-cut odds plummeted.

When do markets shift back?

Traders now look to Fed Chair Powell’s speech at Jackson Hole. Until then, cautious is the sentiment.

Will markets calm before September?

Not unless data shifts big time. With inflation still high and tariffs looming, policymakers are prioritizing clarity over rate cuts.

Glossary

Rate-cut odds – Market probability of a rate cut at the next Fed meeting.

Inflation – How fast consumer prices rise; policymakers watch this for decisions.

Tariff effects – Impact of import taxes on domestic prices; delayed or uncertain impact makes Fed decisions harder.

Jackson Hole – Annual economic conference where policymakers and investors get clues on policy direction.

Sources

Reuters

The Wall Street Journal

CoinDesk

Yahoo Finance

Barron’s

Coinpedia

Fintech News

CoinGape

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Thai Authorities Storm Illegal Bitcoin Mine After Power Outages Leave Residents Fuming

Lido, Binance Make Headlines as 110,000 Ether Flood Into Liquid Staking in a Week

Stellar Price Prediction: Will it Rally to $0.40?

Ripple Just Unlocked MiCA Compliance for Euro Payments

Hamster Kombat Token Futures Tank: What’s Next for the Tap-to-Earn Powerhouse?

TAGGED:Beth HammackBitcoin priceBitcoin price declineBitcoin price dropcrypto marketRate-cut odds

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByJane Omada Apeh
Follow:
Omada is a dedicated crypto journalist with a passion for making the fast-paced world of digital assets understandable and engaging. With years of experience covering cryptocurrency and blockchain innovation, she offers readers more than just the headlines. She provides context, clarity, and depth. Her work spans everything from market trends and regulatory updates to emerging technologies and real-world use cases that are shaping the future of finance. Omada strives to bridge the gap between complex crypto concepts and everyday readers, ensuring that both seasoned investors and curious newcomers can find value in her insights. Her mission is simply to inform, inspire, and keep her audience one step ahead in the ever-evolving crypto universe.
Previous Article image 729 Crypto Moves Fast: MoonBull Whitelist Closing Soon – Don’t Miss Out on This Top Meme Coin to Watch in 2025 as Gigachad and Test Soar
Next Article JitoSOL VanEck and Jito File First-Ever Liquid Staking Solana ETF
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production
crypto 2024 1200x720
Decentralized Identity Emerges as a Catalyst for Data Privacy Renaissance
space
Tech Giant Announces Breakthrough in Quantum Computing
worldwide protest
Worldwide Protests Demand Action on Climate Change
global
Global Economic Forecast Reveals Slow Recovery Post-Pandemic
solar power
Revolutionary Solar Power Technology Unveiled

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English