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Rates outlook & BTC implications
The latest Fed commentary, still leaning hawkish, makes me re-evaluate my crypto positioning. High rates continue to pressure risk assets, and while BTC has shown resilience, that persistent headwind can't be ignored for long. Seeing $SPCX down 3.41% today, even if it's not a direct correlation, adds to the general cautious sentiment. Not selling the farm, but definitely trimming some altcoin exposure, especially those with less developed use cases, to raise cash. Watching $MATIC closely, it's holding up relatively well today, but the broader environment suggests we might see further downside if sentiment sours.
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