Crypto market braced for volatility from token unlocks and Fed rate outlook

A series of crypto token unlocks worth about $230 million are slated for July 30 to August 2, with the largest release involving $BEAT ($81.66 m) followed by $SUI, $BTW and others. Analysts note that when large portions of circulating supply are released, market pressure can turn bearish, though smaller unlocks have sometimes led to price gains.

At the same time, the Federal Reserve’s FOMC meeting on July 29‑30 is expected to decide on a 25‑basis‑point rate hike, a move Citadel Securities predicts. The prospect of higher rates has already nudged Bitcoin down to around $63,100, with further volatility possible as investors react to the outcome and related fund flows from ETFs.