Crypto Under Pressure: Fed Hike Fears and Rising Oil
Plenty of red across the crypto heatmap today, with BTC and ETH both down around 3.4% over 24 hours heading into tomorrow’s Fed decision.
Russia–Ukraine tensions and Middle East supply disruptions are adding pressure to energy markets. If oil stays elevated, inflation becomes harder to bring down,potentially strengthening the case for further rate hikes.
A 25bp hike is already widely expected. My focus is what comes next: signals of more hikes could keep crypto under pressure, while hints of a pause could support a relief rally.
#FedRateWatch #cryptouniverseofficial
Plenty of red across the crypto heatmap today, with BTC and ETH both down around 3.4% over 24 hours heading into tomorrow’s Fed decision.
Russia–Ukraine tensions and Middle East supply disruptions are adding pressure to energy markets. If oil stays elevated, inflation becomes harder to bring down,potentially strengthening the case for further rate hikes.
A 25bp hike is already widely expected. My focus is what comes next: signals of more hikes could keep crypto under pressure, while hints of a pause could support a relief rally.
#FedRateWatch #cryptouniverseofficial
