A different take: Analyst still expects the Fed to hold rates steady this year, but the risk of a rate hike has increased
Most people see this as bearish. What I’m wondering is: Has most of the panic already been priced in? It’s not uncommon for markets to rise rather than fall after bad news.
$BTC 24h -0.6%. A single news item is unlikely to change the trend, but it could amplify volatility.