{"id":74406,"date":"2026-06-22T20:49:37","date_gmt":"2026-06-22T20:49:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-could-rally-if-fed-keeps-rates-steady-grayscale-says\/"},"modified":"2026-06-22T20:49:37","modified_gmt":"2026-06-22T20:49:37","slug":"bitcoin-could-rally-if-fed-keeps-rates-steady-grayscale-says","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-could-rally-if-fed-keeps-rates-steady-grayscale-says\/","title":{"rendered":"Bitcoin Could Rally if Fed Keeps Rates Steady, Grayscale Says"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Federal Reserve rate expectations are widening performance gaps between bitcoin, equities, and gold, making monetary policy a key factor in recent market moves.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Equities are up 9%, while bitcoin is down 1% and gold has fallen 20%, a period that coincided with rising rate expectations.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Grayscale says bitcoin combines monetary traits with blockchain growth exposure, positioning it as a scarce digital commodity and diversifier.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Fed Policy Expectations Drive Divergence Across Markets<\/h2>\n<p>Grayscale Investments is tying <span>bitcoin<\/span>\u2019s lag behind equities to a repricing of Federal Reserve policy, arguing that <span>bitcoin<\/span> could narrow the performance gap with stocks if the Fed holds off on rate hikes. In a June 22 research note, the <span>crypto<\/span> asset manager said changing rate expectations have contributed to the divergence between equities, <span>bitcoin<\/span>, and <span>gold<\/span>.<\/p>\n<p>U.S. equities have gained 9% since the start of the Iran war in late February, supported in part by sustained spending tied to artificial intelligence infrastructure and development, Grayscale detailed. Over the same period, <span>bitcoin<\/span> has fallen 1%, while <span>gold<\/span> has dropped 20%, creating one of the widest performance gaps among major macro assets.<\/p>\n<p>Grayscale Investments Head of Research Zach Pandl said:<\/p>\n<blockquote>\n<p>\u201cOur base case is for the Fed to hold off on rate hikes. If we\u2019re right, <span>bitcoin<\/span>\u2019s price may catch up with stocks.\u201d<\/p>\n<\/blockquote>\n<p>Investor expectations for monetary policy have shifted toward tighter conditions. One-year Fed rate expectations have risen by about 60 basis points since late February, and roughly half of Federal Reserve officials now indicate that rate increases could be warranted in 2026.<\/p>\n<p>The Federal Open Market Committee <a href=\"https:\/\/news.bitcoin.com\/kevin-warshs-fed-holds-firm-as-energy-prices-lift-inflation\/\">voted<\/a> 12-0 on June 17 to keep the federal funds rate at 3.5% to 3.75% in Kevin Warsh\u2019s first policy meeting as Fed chair. The Fed said <span>inflation<\/span> remained above its 2% goal, with energy prices contributing to <span>inflation<\/span> pressure. The next Federal Reserve interest rate meeting is scheduled for July 28\u201329, 2026.<\/p>\n<p>Central banks outside the United States have already begun tightening. The European Central Bank (ECB) has already raised interest rates, reinforcing the broader shift toward tighter monetary policy as officials respond to persistent <span>inflation<\/span> pressures with higher borrowing costs.<\/p>\n<h2>Grayscale Sees <span>Bitcoin<\/span> as Both Monetary Asset and Growth Exposure<\/h2>\n<p>Interest-rate expectations carry particular importance for assets that do not generate income. As real yields rise, investors can earn higher returns from cash and fixed-income instruments, increasing the opportunity cost of holding alternatives such as <span>bitcoin<\/span> and <span>gold<\/span>.<\/p>\n<p>Grayscale argued that <span>bitcoin<\/span> occupies a different position than traditional monetary assets. The firm described the asset as a scarce digital commodity that can function as a long-term store of value while also providing exposure to the growth of public <span>blockchain<\/span> networks and the broader <span>crypto<\/span> ecosystem.<\/p>\n<p>Pandl noted:<\/p>\n<blockquote>\n<p>\u201cThat makes <span>bitcoin<\/span>\u2019s function similar\u2014but not exactly the same\u2014to that of <span>gold<\/span> and growth equities in portfolios. If so, <span>bitcoin<\/span> can act as a portfolio diversifier that, at current levels, appears attractively priced.\u201d<\/p>\n<\/blockquote>\n<p>That framework places <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> between two investment categories that respond differently to macroeconomic developments. <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Gold<\/a> typically trades as a monetary hedge. Growth equities benefit from technology investment and expectations for future earnings. Current pricing reflects those influences. Grayscale says recent weakness in <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> and <a href=\"http:\/\/www.bitcoin.com\/get-started\/bitcoin-vs-gold\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a> aligns with changing rate expectations. Equities have been supported by AI-related investment.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-could-rally-if-fed-keeps-rates-steady-grayscale-says\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Federal Reserve rate expectations are widening performance gaps between bitcoin, equities, and gold, making monetary policy a key factor in recent market moves. Equities are up 9%, while bitcoin is down 1% and gold has fallen 20%, a period that coincided with rising rate expectations. Grayscale [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":74407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74406"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74406"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74407"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}