What the Fed’s ‘Hawkish’ Turn Means for Bitcoin
The Breakdown
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Bitcoin - The Difference in Bit Coin
There is now, after 18 months of the institutionalization of bick coin and crypto, huge overlap with market participants who do pay attention to what the fet does. When you have some meaningful, knowable part of your market who operates on the modality of the stock market for their bit coin risk asset, yes, correlation is going to increase. The difference in bit coin has always been, and will always be, a large and growing group of hoddlers who are not affected by mackrol events and fed policy changes. Will it actually impact inflation at all? How will politics impact how much or how little central banks can get away with when it comes to moving to the hawkish
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