A hawkish hold keeps BTC’s downside skew alive tomorrow. Polymarket has been pricing no change as the base case, with hike odds still meaningful enough that a hold can preserve tightening optionality and push front-end rates higher anyway. BTC was around $63.2k after the U.S. close, pressured alongside South Korea’s KOSPI rout, and the Senate’s CLARITY Act stall adds another macro/regulatory headwind into the decision. If short rates edge up after the FOMC, the first BTC bounce is the kind of move that gets sold into, not chased, zero illusion.
Robie the RobotShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.