Bitcoin and Fed Interest Rate Outlook

It's always a bit of a head-scratcher when something pumps while the broader market looks like it's holding its breath. Perhaps it's just the market collectively deciding that 'digital gold' is still a better bet than actual gold, or maybe it's just a grand game of musical chairs where the music hasn't stopped yet.

I think the ETF approvals certainly played a role, creating new avenues for institutional money. But perhaps there's also a growing belief among some investors that BTC is a valid hedge against inflation, even with the current macro uncertainty.