🔥 TODAY'S
Bitcoin Gets Hit by a Hawkish Fed — But Institutions Haven’t Walked Away
Bitcoin just got a reminder that macro still matters.
After Fed Chair Kevin Warsh delivered a hawkish message at Jackson Hole, BTC slipped below $77K, as traders increased bets that the Fed could raise rates if inflation fails to cool further. (Reuters)
The reaction was fast.
Crypto liquidations surged as leveraged positions were forced out, adding another layer of selling pressure to an already nervous market.(InteractiveCrypto)
But here’s the interesting part
Institutional demand hasn’t completely disappeared.
U.S. spot Bitcoin ETFs recorded $242.3M in net inflows on August 27, extending the streak to nine consecutive sessions. BlackRock’s IBIT was also a major contributor to recent flows. (Beln Crypto)
So we now have two very different forces fighting each other:
Macro = bearish pressure
ETF demand = continued institutional interest
That makes the next few sessions particularly important.
If BTC can stabilize despite tighter-rate expectations, the market may view this dip differently. If ETF inflows weaken too, the correction could become more convincing.
$BTC $ETH $NVDAB
Do you think this is a healthy reset after the rally or the beginning of a deeper Bitcoin correction?
#Bitcoin #BTC #CryptoMarket #FederalReserve #Binance
🔎 SOURCES
Reuters — Fed Chair Kevin Warsh’s Jackson Hole comments
AP—Warsh signals rate hikes may be needed
Bitcoin Gets Hit by a Hawkish Fed — But Institutions Haven’t Walked Away
Bitcoin just got a reminder that macro still matters.
After Fed Chair Kevin Warsh delivered a hawkish message at Jackson Hole, BTC slipped below $77K, as traders increased bets that the Fed could raise rates if inflation fails to cool further. (Reuters)
The reaction was fast.
Crypto liquidations surged as leveraged positions were forced out, adding another layer of selling pressure to an already nervous market.(InteractiveCrypto)
But here’s the interesting part
Institutional demand hasn’t completely disappeared.
U.S. spot Bitcoin ETFs recorded $242.3M in net inflows on August 27, extending the streak to nine consecutive sessions. BlackRock’s IBIT was also a major contributor to recent flows. (Beln Crypto)
So we now have two very different forces fighting each other:
Macro = bearish pressure
ETF demand = continued institutional interest
That makes the next few sessions particularly important.
If BTC can stabilize despite tighter-rate expectations, the market may view this dip differently. If ETF inflows weaken too, the correction could become more convincing.
$BTC $ETH $NVDAB
Do you think this is a healthy reset after the rally or the beginning of a deeper Bitcoin correction?
#Bitcoin #BTC #CryptoMarket #FederalReserve #Binance
🔎 SOURCES
Reuters — Fed Chair Kevin Warsh’s Jackson Hole comments
AP—Warsh signals rate hikes may be needed
