📉 Bitcoin dips in response to a more hawkish Fed than expected
The price of
$BTC dropped following the Federal Reserve's announcement. Although rates remained unchanged (3.50% - 3.75%), the market reacted bearishly for three key reasons:
1️⃣ Rate hike threat: The new *dot plot* suggests a rate increase later this year due to persistent inflation.
2️⃣ No cuts in sight: The expectation for reductions for the remainder of 2026 has completely cooled off.
3️⃣ More uncertainty: Under the new leadership, the Fed eliminated forward guidance; they will now decide on a meeting-by-meeting basis.
The outlook of "higher rates for longer" dampens risk appetite and slows down the momentum the crypto market was experiencing. 🐻💼
#Fed #Bitcoin #TasaInteres