Cryptocurrency specialized research and brokerage firm K33 published a report, stating, "While Nasdaq entered July with strong momentum and excessively expanded positioning, Bitcoin continues to trade sideways near multi-year lows. The correlation between the two assets is expected to weaken." According to CoinDesk, K33 Senior Analyst Vetle Lunde said, "Therefore, this week's FOMC meeting may have a limited impact on Bitcoin compared to periods of heightened policy uncertainty in the past."
