Bitcoin’s near-term moves seen tied to Fed rate path
TradingView News: Clarity Global CEO Mariia Menahem says Bitcoin’s short-term direction would likely hinge on the Fed’s interest-rate path after Bitcoin topped $80,000 Thursday. Markets are pricing lower rate-hike expectations.
Bitcoin's short-term price moves would likely depend on the Fed's interest rate path, after the cryptocurrency topped $80,000 on Thursday, says Mariia Menahem, chief executive of Clarity Global, in a note.
Markets are pricing in lower rate hike expectations, as hiring by U.S. private-sector employe…