$BTC
The Fed's decision to keep rates steady while adopting a "hawkish" tone has quickly overshadowed the crypto market. The shock didn't come from the rate hold itself (which was priced in at 99%), but rather from the Dot Plot which indicated a possibility of a rate hike later this year to tackle inflation that jumped to 4.2% in May.
#WarshFirstFOMCRatesHold
The Fed's decision to keep rates steady while adopting a "hawkish" tone has quickly overshadowed the crypto market. The shock didn't come from the rate hold itself (which was priced in at 99%), but rather from the Dot Plot which indicated a possibility of a rate hike later this year to tackle inflation that jumped to 4.2% in May.
#WarshFirstFOMCRatesHold