โ๐จ The Fed applies pressure... so what does this mean for crypto? ๐
! ๐ The news in a nutshell:
โThe Fed is signaling further rate hikes to control inflation and bring it back to 2%.
โBond yields have risen, prompting major investors to move their funds to safer assets.
โA CoinShares report confirmed that inflows into digital asset funds have slowed since mid-July.
โBottom line: this news is putting temporary downward pressure on the market... stick to your stop-loss and keep an eye on liquidity flows! โ ๏ธ
$BTC
#BTCโ
! ๐ The news in a nutshell:
โThe Fed is signaling further rate hikes to control inflation and bring it back to 2%.
โBond yields have risen, prompting major investors to move their funds to safer assets.
โA CoinShares report confirmed that inflows into digital asset funds have slowed since mid-July.
โBottom line: this news is putting temporary downward pressure on the market... stick to your stop-loss and keep an eye on liquidity flows! โ ๏ธ
$BTC
#BTCโ