The Fed raised interest rates by *25 basis points to 3.75%-4.00%* - yet Bitcoin recovered sharply afterward.
So what happened?
Renewed *Bitcoin ETF demand**, improving risk appetite, and **short covering* were among the factors cited in recent market coverage around Bitcoin's rebound.
But there wasn't one confirmed cause and the market can change quickly.
⚠️This video is for informational purposes only and is not financial advice. Crypto markets are highly volatile.
$BTC
#BTC
#ChainlinkLaunchesCCIP2WithEnterpriseVerification
#QNTFallsOver40%FromMorningHigh
So what happened?
Renewed *Bitcoin ETF demand**, improving risk appetite, and **short covering* were among the factors cited in recent market coverage around Bitcoin's rebound.
But there wasn't one confirmed cause and the market can change quickly.
⚠️This video is for informational purposes only and is not financial advice. Crypto markets are highly volatile.
$BTC
#BTC
#ChainlinkLaunchesCCIP2WithEnterpriseVerification
#QNTFallsOver40%FromMorningHigh