Crypto’s resilience tested as oil rises after Iran strikes, Fed signals rates could still rise
Bitcoin held near $64,000 despite the Fed’s hawkish split, Iranian ballistic missiles and an 8% surge in oil overnight that sent the Dow down 2.2% and the Nasdaq to a three-month low.
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Summary
- The Fed held rates steady on Wednesday, but three committee members voted to raise them. Rabobank said that rate-hike speculation will resurge in the coming weeks.
- Iran launched multiple ballistic missiles at U.S. troops. All were intercepted and Trump vowed to respond “hard.” Oil rose.
- Bitcoin’s little-changed reading at $63,915 is arguably the session’s most telling data point, with DeFi tokens rising.
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Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.
Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.
Why it matters:
Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.
