Crypto Market Volatility Expected on July 30 Amid Fed Decision and Economic Data

The cryptocurrency market is poised to remain volatile on Thursday, July 30, as investors assess the impact of the U.S. Federal Reserve's latest policy decision and await additional economic data.

Bitcoin (BTC) is expected to trade within a relatively narrow range between $63,000 and $66,000, while Ethereum (ETH) could move between $1,874 and $1,975. XRP is predicted to remain in consolidation phase with a trading range of $1.04 to $1.15.

The market's immediate focus remains on the Federal Reserve's latest guidance, which will be closely analyzed for clues about future rate cuts. A more accommodative outlook could improve liquidity and support cryptocurrencies, while a hawkish stance may trigger renewed selling pressure.