๐จBitcoin Pulls Back After Hawkish Fed Signal
Bitcoin slipped toward $78,700 as hawkish remarks from Fed Chair Kevin Warsh pushed Treasury yields higher and pressured U.S. equities.
The message for crypto is clear: macro conditions still matter.
๐ Higher yields = pressure on risk assets
โฟ BTC now faces an important test of key support levels.
Traders should keep an eye on upcoming U.S. economic data and shifting Fed expectations before making their next move.
#TaiwanTAIEXRetakes46500OnChipRally #KospiFallsAsAITradingEuphoriaCools #USCorporateProfitsHitRecordHigh #GoldRisesAbout14%InAugust
Bitcoin slipped toward $78,700 as hawkish remarks from Fed Chair Kevin Warsh pushed Treasury yields higher and pressured U.S. equities.
The message for crypto is clear: macro conditions still matter.
๐ Higher yields = pressure on risk assets
โฟ BTC now faces an important test of key support levels.
Traders should keep an eye on upcoming U.S. economic data and shifting Fed expectations before making their next move.
#TaiwanTAIEXRetakes46500OnChipRally #KospiFallsAsAITradingEuphoriaCools #USCorporateProfitsHitRecordHigh #GoldRisesAbout14%InAugust
