35
Fed's rate hike chatter and BTC resilience
It's interesting to see $BTC holding up relatively well above the 29k level, even with all the recent chatter from various Fed officials hinting at more aggressive rate hikes to combat inflation. My read on the last CPI print was that inflation is proving stickier than expected, so the hawkish stance isn't entirely surprising. I'm watching closely how it reacts if we get a sustained push towards 30k in this environment, as it could signal a decoupling, or at least some genuine underlying strength. Still keeping an eye on the macro, but curious to see if this resilience continues.
0 comments · 35 points