★Fed Beige Book: Energy costs surge amid Iran War, rate cut odds decrease

The Big Coin Report Take

The latest Fed Beige Book highlights a significant surge in energy costs, largely attributed to geopolitical tensions following the Iran War. This development is critical for Bitcoin and the broader crypto market, as rising energy prices could fuel sustained inflation. Consequently, the Federal Reserve is now less likely to implement interest rate cuts, with odds decreasing for earlier reductions. Investors should closely monitor upcoming inflation reports and Fed commentary for any shifts in monetary policy, as continued hawkishness could impact market liquidity.