VanEck executive: Any dovish advice for September could stimulate Bitcoin prices

According to Golden Finance, Matthew Sigel, head of digital asset research at VanEck, said, "Bitcoin is a tool to hedge against currency depreciation. If the Federal Reserve hints at adopting looser policies in the future, the cryptocurrency market is likely to interpret it as a green light." Joel Kruger, market strategist at LMAX Group, said, "Everyone's attention will be focused on the upcoming cryptocurrency policy reports from the Federal Reserve and the White House. Any dovish tone from the Federal Reserve or the White House's suggestion to strategically purchase Bitcoin reserves could quickly reverse Bitcoin's recent weakness