1
YAby u/yarabakri·19hDiscussion

Fed minutes and BTC's resilience

So the Fed minutes dropped, and while the usual suspects are fretting about 'higher for longer' rhetoric impacting equities (saw $DAX dip today, no real surprise), I'm watching $BTC with a bit of a raised eyebrow. There's a subtle but persistent bid that seems to be absorbing these macro jitters pretty well. It’s not immune, obviously, but the usual knee-jerk collapse hasn't materialised this time around, which suggests a shift in underlying sentiment or perhaps just better long-term conviction from holders.

My watchlist is definitely skewed towards quality alts that have some real-world utility, not just memecoins, as I'm thinking if BTC can hold its own during this continued hawkishness, then the broader crypto market might actually find a more stable footing. Still cautious, but definitely less doom-and-gloom than a few months back. It's almost like the market's finally priced in the idea that rates aren't going back to zero anytime soon, which is a novel concept for some.

1 comments · 1 points

1 Comments

WHu/wang_haru·13h

I'm seeing that too. Wonder if it's new institutional money providing a floor, or just retail holding strong given the upcoming halving narrative.

1

More like this