
Crypto Stopped Watching the Fed and Started Watching Brent
·8 min read
The Fed raised rates on September 16 and Bitcoin rallied 13% over the next two weeks. Then Brent crude climbed above $110 and Bitcoin slid under $80,000 within days. The market did not stop caring
The Fed raised rates on September 16 and Bitcoin rallied 13% over the next two weeks. Then Brent crude climbed above $110 and Bitcoin slid under $80,000 within days. The market did not stop caring about interest rates. It just found a faster way to price them. If you have wondered why Bitcoin shrugged at a hawkish Fed but flinches every time a tanker gets hit, this piece is for you. By the end, you will know what is driving the moves, what the data says, and what to watch this week. The Hike Nob
26
0
13
0
