Coinbase Institutional Attributes Bitcoin Slide to Fed Rate Expectations
Coinbase Institutional says shifting expectations for Federal Reserve interest-rate policy drove Bitcoin's recent slide, rather than the Binance hack.
Bitcoin's recent slide has an obvious suspect: the Binance hack. Coinbase Institutional says the evidence points somewhere else.According to Coinbase Institutional, shifting expectations for Federal Reserve interest rate policy, not the breach at the world's best-known exchange, drove Bitcoin's lat…