According to The Kobeissi Letter, Fed member Bostic stated he is in no hurry to adjust the Federal Reserve's policy rate and foresees a possible path to just one interest rate cut in 2025, while remaining very cautious about cutting rates too soon (source: The Kobeissi Letter, June 3, 2025). This prolongs the high-rate environment, which historically weighs on risk assets like Bitcoin and altcoins, as tighter monetary policy limits liquidity inflows into the crypto market.