<ul data-eligibleForWebStory="true">Bitcoin traded relatively flat after the Federal Reserve maintained rates in June, a move expected by markets due to lingering inflation concerns.The Fed's cautious stance emphasized the need for 'greater confidence' in the disinflation trend before considering rate cuts, reassuring investors.With rates unchanged, Bitcoin could continue consolidating in the short term, avoiding immediate bullish momentum or downside pressure.Traders are now monitoring upcoming inflation and labor market data to gauge future Fed policy decisions.Investors are currently balancing optimism for potential rate cuts with caution stemming from the Fed's 2% inflation target.Risk-on sentiment could strengthen if economic data aligns with the Fed's criteria for rate reductions.The article discusses Bitcoin's response to the Fed's decision and its implications on market sentiment going forward.