🟢 Bullish
🚨 Fed Rate Hike Absorbed by Crypto!
The Federal Reserve just delivered its first rate hike since 2023, increasing rates by 25 basis points to 3.75%-4.00%. $BTC initially dipped but quickly rebounded, showing incredible market resilience and a willingness to buy the dip.
📊 Market Impact: This quick recovery suggests the hike was largely priced in, or investors see this as a sign of economic stability rather than a major threat to risk assets. Bullish sentiment holds strong despite macro headwinds.
#Macro #FederalReserve
🚨 Fed Rate Hike Absorbed by Crypto!
The Federal Reserve just delivered its first rate hike since 2023, increasing rates by 25 basis points to 3.75%-4.00%. $BTC initially dipped but quickly rebounded, showing incredible market resilience and a willingness to buy the dip.
📊 Market Impact: This quick recovery suggests the hike was largely priced in, or investors see this as a sign of economic stability rather than a major threat to risk assets. Bullish sentiment holds strong despite macro headwinds.
#Macro #FederalReserve