Bitcoin analysts agree the Fed’s hold was hawkish. They don’t agree on what happens next.
Four analysts agree the Fed’s hawkish hold changes the calculus for risk assets, but they split on whether bitcoin’s real test is already here or still six weeks away.
Make preferred on
Share this article
Summary
- The Fed held rates at 3.5%-3.75% for a fifth straight meeting, but a 9-3 vote and Warsh’s hawkish tone caught some off guard.
- Analysts agree the tone was hawkish but split on what it means next.
- Bitcoin held near $64,000 through the decision, even as stocks slid and Treasury yields rose.
