- March 2023: 0.25% rate hike - May 2023: 0.50% rate hike - June 2023: 0.75% rate hike - July 2023: 0.75% rate hike
Possible prediction: - Fed might keep rates steady, but a tiny 0.25% hike is possible.
How_s this affect Bitcoin? - No hike = steady Bitcoin or up. - 0.25% hike = short dip, but Bitcoin bounces back. - Over 0.25% hike = bigger Bitcoin dip.
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Previous FOMC data:
- March 2023: 0.25% rate hike
- May 2023: 0.50% rate hike
- June 2023: 0.75% rate hike
- July 2023: 0.75% rate hike
Possible prediction:
- Fed might keep rates steady, but a tiny 0.25% hike is possible.
How_s this affect Bitcoin?
- No hike = steady Bitcoin or up.
- 0.25% hike = short dip, but Bitcoin bounces back.
- Over 0.25% hike = bigger Bitcoin dip.
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