$BTC is down 5% today and the reason is sitting in washington.
the federal reserve held rates but the message that came with it rattled markets. new fed chair kevin warsh signaled that nearly half of officials are open to rate hikes.
inflation is running at 4.2% and the fed isn't done fighting it. risk assets sold off immediately and BTC followed.
this is the part worth understanding. bitcoin didn't break down because of anything happening inside crypto. the network is fine. whales and long-term holders still control about 79% of supply and aren't moving.
microstrategy and other corporates are still buying. the czech national bank is reportedly considering putting 1% of its reserves into BTC, that would be the first european central bank to do so.
the selling is macro-driven. when the fed turns hawkish, money rotates out of risk assets and into dollars. crypto feels it first and hardest.
price is at $62,500 right now. the 24h range ran from $62,240 to $66,101, meaning BTC lost all of yesterday's gains and then some.
$62,000–$64,000 is the zone everyone is watching. hold it and the recovery thesis stays intact. lose it and $60,000 becomes the next conversation.
the all-time high was $126,198 in october 2025. current price is 50% below that peak.
the fundamentals haven't changed. the macro has. and right now macro is winning.
$BTC
the federal reserve held rates but the message that came with it rattled markets. new fed chair kevin warsh signaled that nearly half of officials are open to rate hikes.
inflation is running at 4.2% and the fed isn't done fighting it. risk assets sold off immediately and BTC followed.
this is the part worth understanding. bitcoin didn't break down because of anything happening inside crypto. the network is fine. whales and long-term holders still control about 79% of supply and aren't moving.
microstrategy and other corporates are still buying. the czech national bank is reportedly considering putting 1% of its reserves into BTC, that would be the first european central bank to do so.
the selling is macro-driven. when the fed turns hawkish, money rotates out of risk assets and into dollars. crypto feels it first and hardest.
price is at $62,500 right now. the 24h range ran from $62,240 to $66,101, meaning BTC lost all of yesterday's gains and then some.
$62,000–$64,000 is the zone everyone is watching. hold it and the recovery thesis stays intact. lose it and $60,000 becomes the next conversation.
the all-time high was $126,198 in october 2025. current price is 50% below that peak.
the fundamentals haven't changed. the macro has. and right now macro is winning.
$BTC