Bitcoin slips ahead of Federal Reserve decision as Uniswap jumps on bold $100 forecast

Cryptocurrency markets turned cautious on Wednesday as investors waited for fresh signals from the Federal Reserve.

Bitcoin slipped lower after a recent rebound, with traders avoiding aggressive bets ahead of one of the most important economic events of the month. The world’s largest cryptocurrency fell around 1.4% to trade near $65,100, giving back part of the gains it enjoyed following optimism surrounding easing geopolitical tensions between the United States and Iran. The broader crypto market also struggled to find direction, with most major digital assets trading in a narrow range.

Bitcoin price falls as Federal Reserve decision approaches

The biggest focus for investors remains the Federal Reserve’s policy meeting.

Markets widely expect the central bank to leave interest rates unchanged. However, traders are paying close attention to comments from Fed Chair Kevin Warsh, particularly regarding the future path of monetary policy.

Recent inflation concerns linked to higher energy prices sparked speculation that interest rates could remain elevated for longer than expected. Higher borrowing costs typically create challenges for risk-sensitive assets such as cryptocurrencies because investors can earn more attractive returns from safer investments. At the same time, falling oil prices following progress toward a peace agreement between Washington and Tehran have eased some inflation fears.

That has left investors waiting for clearer guidance from the central bank before making their next major move.

Bitcoin has managed to hold above key support levels despite recent volatility, but traders appear reluctant to push prices significantly higher until they receive more certainty from policymakers.

Uniswap price surges after Standard Chartered prediction

While much of the crypto market traded lower, Uniswap stood out as one of the strongest performers of the day.

The decentralized finance token surged after Standard Chartered initiated coverage with an eye-catching long-term forecast. The bank believes UNI could reach $100 by the end of 2030 as tokenized assets become a larger part of global financial markets.

The projection sparked renewed investor interest in the token.

Standard Chartered expects Uniswap to benefit from the growing trend of tokenized stocks, funds and other traditional assets moving onto blockchain networks. The platform has already expanded access to several tokenized investment products, helping strengthen its position within the decentralized finance ecosystem. The bank’s forecast also included a target of $6.50 by the end of 2026 and $20 by 2027, suggesting significant upside from current levels if adoption trends continue.

Crypto market remains cautious despite easing geopolitical tensions

Outside of Uniswap, most major cryptocurrencies struggled for momentum.

Ethereum moved lower alongside Bitcoin, while XRP and Solana also posted modest declines. Cardano was among the weaker performers, falling more than 4%. BNB managed to stay slightly positive, while meme coins delivered mixed results.

The market remains caught between two competing forces. On one side, easing geopolitical risks and improving sentiment have helped stabilize digital assets. On the other, uncertainty surrounding interest rates continues to limit buying enthusiasm.

The next major move for crypto could depend less on blockchain developments and more on what comes out of Washington. If the Federal Reserve signals a more supportive environment for risk assets, cryptocurrencies may regain momentum quickly. If policymakers maintain a cautious stance, traders could remain stuck in wait-and-see mode for much of the summer.