0720 GMT - Bitcoin falls modestly as investors show caution towards risky assets ahead of the Federal Reserve's policy decision at 1800 GMT. Markets are nearly fully pricing in no change in rates, according to LSEG data, but the focus is on new Fed Chair Kevin Warsh's stance on future policy. Warsh is likely to lean towards the center of the Federal Reserve Open Committee by not arguing for rate cuts or ruling out rate rises either, Deutsche Bank analysts say in a note. Meanwhile, Iranian foreign minister, Abbas Araghchi, said a peace deal with the U.S. depends on Israel withdrawing from Lebanon and, without this, the war hasn't fully ended. Bitcoin falls 0.4% to $65,522, LSEG data show. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
June 17, 2026 03:20 ET (07:20 GMT)
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