Yesterday’s FOMC take:
Warsh’s tone stayed pretty hawkish.
He basically said inflation is still too high and has been that way for too long.
👉🏻No soft or dovish surprise that could have helped gold or Bitcoin bounce. That’s why stocks sold off and yields stayed high📈
So for now, gold and BTC remain under some pressure until we get next clearer signs the Fed is done hiking or inflation starts cooling.
$BTC
#FOMC #CryptocurrencyWealth #CryptoMENA #btc $SOL
#near $NEAR
Warsh’s tone stayed pretty hawkish.
He basically said inflation is still too high and has been that way for too long.
👉🏻No soft or dovish surprise that could have helped gold or Bitcoin bounce. That’s why stocks sold off and yields stayed high📈
So for now, gold and BTC remain under some pressure until we get next clearer signs the Fed is done hiking or inflation starts cooling.
$BTC
#FOMC #CryptocurrencyWealth #CryptoMENA #btc $SOL
#near $NEAR

