๐ข Bitcoin crossed $81,000 after shrugging off a surprise Federal Reserve rate hike and stalled U.S. crypto legislation. A rapid shift back into spot ETF inflows with $160 million on Thursday fueled a 6% rally ๐ that absorbed supply pressure. Institutional spot demand is currently dominating macro tightening fears, signaling resilient structural bid depth ๐ across major trading venues.
Does Bitcoin's ability to absorb Fed rate hikes prove that institutional spot demand now outweighs macroeconomic tightening? ๐
#bitcoin #fed #macro #etf #regulation
Does Bitcoin's ability to absorb Fed rate hikes prove that institutional spot demand now outweighs macroeconomic tightening? ๐
#bitcoin #fed #macro #etf #regulation