Interesting reaction today 👀
Bitcoin crossed $81,000, erasing $3B+ in shorts, as the market surged 5.2% to $2.86 trillion — right after the Fed's first rate hike in 3 years.
Solana led the bounce, up 11.5% to $110. Ethereum gained 5.6% to $2,622, though lagging its own Layer-2 tokens.
Setup pointed to "sell the news" — instead, shorts got squeezed hard. Positioning mattered more than the headline.
$BTC $ETH $SOL
#bitcoin #CryptoMarket #FedRateHike
Bitcoin crossed $81,000, erasing $3B+ in shorts, as the market surged 5.2% to $2.86 trillion — right after the Fed's first rate hike in 3 years.
Solana led the bounce, up 11.5% to $110. Ethereum gained 5.6% to $2,622, though lagging its own Layer-2 tokens.
Setup pointed to "sell the news" — instead, shorts got squeezed hard. Positioning mattered more than the headline.
$BTC $ETH $SOL
#bitcoin #CryptoMarket #FedRateHike