đșđž Federal Reserve official Beth Hammack says tighter monetary policy may be needed as inflation remains stubbornly high. She warns that the biggest risk is an âinflationary mindsetâ becoming entrenched in the economy. ïżœ
Reuters +1
đ Why it matters for crypto: đč Higher interest rates could pressure risk assets like BTC and $ETH . đč A stronger US dollar could create additional headwinds for crypto. đč Markets will closely watch upcoming inflation data and Fed signals.
â ïž Key takeaway: If the Fed maintains its hawkish stance, crypto could face further volatility. However, market direction will depend on incoming economic data and investor sentiment.
đ„ Discussion: Will the Fed's hawkish stance trigger another crypto sell-off, or can Bitcoin hold its ground?
đ Bullish or bearish on $BTC ? Share your view!