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BTC Market Skews Bearish as Analysts Anticipate ‘Hawkish’ Fed Rate-Hike Pause

Altszn.com by Altszn.com
June 14, 2023
in Bitcoin
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BTC Market Skews Bearish as Analysts Anticipate ‘Hawkish’ Fed Rate-Hike Pause
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“The consensus is for the hawkish skip, so the bar might be quite high for Jerome Powell to out-hawk the market,” Brickell told CoinDesk. From a communication perspective, I think it’s difficult to sound too hawkish when you’re taking a pause, so my bias would be that it’s interpreted as more dovish relative to expectations Rates [yields] then, I think, drift lower and BTC rallies, but I’m not expecting it to trigger a big move.”

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Read More: www.coindesk.com

Tags: AnalystsanticipatebearishBitcoinBTCFedhawkishMarketPauseRatehikeSkews
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