What the Fed, inflation, tapering & rising rates could mean for the price of Bitcoin
After bottoming on bad news a week ago, Bitcoin and crypto had been rallying heading into yesterday’s Fed meeting, but crypto markets fell slightly alongside other major asset classes following the Fed policy statement, and have remained roughly flat this morning.
Source: Fundstrat, Bloomberg
The Federal Reserve spooked some market participants with its commentary around inflation expectations, tapering and rising interest rates.
Source: Fundstrat, CNBC, New York Times
Inflation has been hot on the markets mind as of late. Recent CPI reports came in higher than some ...Finish reading this report for free
Enter your email and we'll send the paywall-free report directly to your inbox
Articles Read: 0/2
In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.