Community Articles
via BeInCrypto · By Lockridge Okoth
Fed Minutes Signal Higher-for-Longer Rates as Bitcoin Faces Pressure
BTC
BTC/USDT
$63,127.45
+0.08%
$63,127.45
+0.08%
(24s)24h Volume
$2,872,864,355.76
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.8%
Long: 68.8%Short: 31.2%
Funding Rate
+0.0037%
Longs pay
Data provided by COINOTAG DATALive data
LO
Lockridge Okoth(06:08 PM UTC)
1 min read
The latest Federal Reserve minutes revealed a more hawkish tone than markets expected, reinforcing fears that interest rates could stay elevated longer and potentially pressure Bitcoin and broader risk assets.
Minutes from the April 28–29 meeting showed that many policymakers wanted to remove the Fed’s easing bias entirely, while a majority signaled additional rate hikes could become necessary…
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