Australia's central bank just pushed rates to an 18-year high, the fifth hike this year and right where economists expected, per CNBC. Higher rates usually tighten global liquidity, lift the US dollar and can dampen risk appetite, which is something crypto holders watch closely.
In the latest snapshot $BTC sits at $78,011, up 0.99% in 24 h but down 4.10% over a week, while the Fear & Greed Index sits at 34 (Fear) after climbing from 26 yesterday. The mix of modest gains and lingering fear suggests the market could feel pressure if tighter finance conditions persist. How are you adjusting your crypto safety checklist in this tighter environment?
#Macro #Crypto
In the latest snapshot $BTC sits at $78,011, up 0.99% in 24 h but down 4.10% over a week, while the Fear & Greed Index sits at 34 (Fear) after climbing from 26 yesterday. The mix of modest gains and lingering fear suggests the market could feel pressure if tighter finance conditions persist. How are you adjusting your crypto safety checklist in this tighter environment?
#Macro #Crypto