Bearish take: Goldman Sachs has dropped its forecast for no Fed rate hike next week, becoming the last major bank to reverse that view (per CoinDesk).
honestly, an economist cited by CoinDesk says the hike is about Wall Street, not inflation. My read: the reason matters less for $BTC and $ETH than the shift in rate expectations. I'd treat that shift as a risk signal, not proof of a lasting crypto move.
think im reading too much into one forecast reversal? Change my mind.
NFA. DYOR before you act.
honestly, an economist cited by CoinDesk says the hike is about Wall Street, not inflation. My read: the reason matters less for $BTC and $ETH than the shift in rate expectations. I'd treat that shift as a risk signal, not proof of a lasting crypto move.
think im reading too much into one forecast reversal? Change my mind.
NFA. DYOR before you act.
