FOMC is out. The Fed just raised rates by 25 bps to 3.75%–4.00%.
Honestly, I’m less interested in the 25 bps itself and more interested in what comes next.
The Fed is still dealing with inflation above the 2% target, and the message around future rates matters more for crypto from here.
BTC was already under pressure after yesterday’s CLARITY Act vote, so this is coming at an uncomfortable time for risk assets.
I’m not calling for a crash here.
I’m watching what BTC does next, especially if yields and the dollar continue moving higher.
If BTC starts losing important support while macro pressure builds, that’s when I’d become more cautious.
For now, I’d rather watch the reaction than guess the direction.
#FedRateWatch #BitcoinFalls4%
Honestly, I’m less interested in the 25 bps itself and more interested in what comes next.
The Fed is still dealing with inflation above the 2% target, and the message around future rates matters more for crypto from here.
BTC was already under pressure after yesterday’s CLARITY Act vote, so this is coming at an uncomfortable time for risk assets.
I’m not calling for a crash here.
I’m watching what BTC does next, especially if yields and the dollar continue moving higher.
If BTC starts losing important support while macro pressure builds, that’s when I’d become more cautious.
For now, I’d rather watch the reaction than guess the direction.
#FedRateWatch #BitcoinFalls4%
