Bitcoin Feels Fed’s Hawkish Pivot | Presented by CME Group
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The Fed’s fourth consecutive rate hold might have suggested business as usual for risk assets. Instead, a more hawkish tone from Fed Chair Kevin Warsh and the FOMC has tightened expectations across markets. With higher-for-longer rates lifting the appeal of safer yield-bearing assets, what does the Fed’s revised stance mean for risk assets like Bitcoin? Presented by @cmegroup https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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