Crypto liquidations hit $286 million after Fed holds rates
July 30, 2026
Bitcoin and ether closed flat, but $188 million of the damage landed in the 12 hours around the Federal Reserve decision
Bitcoin and ether closed flat, but $188 million of the damage landed in the 12 hours around the Federal Reserve decision
Deribit call spreads expiring July 31 need a 12% climb two days after the Fed’s rate decision, while US spot demand sits at a record low.
Cooler inflation wiped out $56 million in crypto shorts within an hour and revived rate cut talk ahead of the July 28-29 Fed meeting
Solana leads the rebound after the Fed chair’s Sintra remarks while an AI stock selloff stokes talk of money rotating back into crypto
A flipped dot plot erased the cheap-money bet underpinning crypto, triggering $440M in liquidations
The FOMC held rates but its dot plot now projects a 2026 hike, sending bitcoin toward $63,000.
A rate hold looks locked in, so Warsh’s dot plot and press conference will decide Bitcoin’s next move.
Cooler core inflation eases Fed tightening fears even as the headline rate hits a three-year high
Two macro events in seven days could decide Bitcoin’s second-half direction