📌 Afternoon Deep Dive | A $BTC comeback under the shadow of rate hikes—this time, why?

The Federal Reserve hiked rates for just two days, yet $BTC has already reclaimed its lost ground—recovering 80,000 and climbing back above 81,000. ETF fund flows have turned positive in sync. There are three deep-layer drivers:

1️⃣ Regulatory turning point: The SEC granted a five-year innovation exemption for trading on-chain tokenized stocks. UNI and ONDO surged in response; the U.S. House is advancing the H.R.8957 bill, aiming to formally codify strategic Bitcoin reserves into law.

2️⃣ Earnings speak: CoinGecko’s annual revenue leaderboard, led by $HYPE , topped the chart with $429 million. Pumpfun followed closely with $322 million. Capital is accelerating toward on-chain platforms with real cash flow—not just narrative-driven plays.

3️⃣ RWA acceleration: Arbitrum saw the largest RWA market-cap increase over 7 days, adding $74 million, leading all chains. In Korea, Hana Bank issued a $100 million bond via the Euroclear blockchain network—traditional finance’s entry cadence hasn’t stopped.

⚠️ But the Middle East situation is pushing oil prices higher, and U.S. diesel prices just hit a historical high. Macro volatility hasn’t disappeared. Whether the rebound can continue depends on how persistent ETF net inflows remain.

NFA | DYOR

#比特币 #Hyperliquid #RWA #代币化股票 #加密市场