Citadel

Bitcoin enters the July 29, 2026 Federal Reserve decision facing an unusually unsettled macro backdrop. Traders are watching whether policymakers deliver a surprise rate increase, lean hawkish, or downplay inflation risks despite rising oil prices and firming bond yields.

Citadel is preparing for a surprise Federal Reserve rate hike on Wednesday even as much of the market expects no change. The contrarian call has sharpened focus on Treasury yields, bitcoin’s pullback and the Fed’s use of forward guidance.

Citadel has withdrawn its U.S. trade secrets lawsuit against crypto market maker Portofino Technologies after concluding that another judgment may be difficult to collect. The firm is now pursuing a bankruptcy order in England against Portofino co-founder Leonard Lancia over an unpaid London arbitration award.