$BTC
The Fed's decision can significantly impact Bitcoin (BTC) pairs. Here's how:
➥ Rate hikes: If the Fed raises interest rates, it can strengthen the US dollar. This often leads investors to sell riskier assets like Bitcoin in favor of the dollar, potentially lowering BTC's price.
➥ Rate cuts: Conversely, if the Fed cuts rates, the dollar may weaken. This could make Bitcoin more attractive as an alternative investment, potentially driving its price up.
