BTC is back above $80K, but the macro backdrop is getting tighter.
The Fed just delivered its first 25bps hike in over three years, taking rates to 3.75%–4.00%, while 16 of 18 officials see another hike this year.
With crypto showing renewed risk-on momentum and altcoins catching a bid, the next big macro signals could come from oil and inflation.
Gold is worth watching closely in this setup tracking GOLD on BingX TradFi.
$BTC #Gold
The Fed just delivered its first 25bps hike in over three years, taking rates to 3.75%–4.00%, while 16 of 18 officials see another hike this year.
With crypto showing renewed risk-on momentum and altcoins catching a bid, the next big macro signals could come from oil and inflation.
Gold is worth watching closely in this setup tracking GOLD on BingX TradFi.
$BTC #Gold
