๐๐ฆ Grayscale weighs in on the impact of the Federal Open Market Committee (FOMC) actions on crypto and traditional assets. ๐ค๐ Anticipates a potential uptrend if FOMC signals the end of rate hikes or additional hikes in Q4. ๐๐ฐ Notes Bitcoin_s inverse relationship with real interest rates: rising post-2020 rate cuts and falling after 2022 hikes. ๐๐ The market foresees a potential end to rate hikes by the FOMC in late 2023, which could lead to falling real interest rates and potentially trigger a crypto uptrend. ๐๐ A crucial FOMC meeting to watch!
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๐๐ฆ Grayscale weighs in on the impact of the Federal Open Market Committee (FOMC) actions on crypto and traditional assets. ๐ค๐ Anticipates a potential uptrend if FOMC signals the end of rate hikes or additional hikes in Q4. ๐๐ฐ Notes Bitcoin_s inverse relationship with real interest rates: rising post-2020 rate cuts and falling after 2022 hikes. ๐๐ The market foresees a potential end to rate hikes by the FOMC in late 2023, which could lead to falling real interest rates and potentially trigger a crypto uptrend. ๐๐ A crucial FOMC meeting to watch!