The Federal Reserve hasn't acted yet, but is BTC already collapsing? The expectation of rate hikes is the real big boss.

There are many enemies in the crypto world.
Hackers are one.
Liquidations are one.
But the true big boss might still be the Federal Reserve.
Recently, the expectation of rate hikes has reignited, putting global risk assets under collective pressure.
So BTC led the plunge.
The reason is actually not complicated.
The higher the interest rate, the higher the cost of capital.
And high-volatility assets are naturally affected.
Simply put.
When you can comfortably earn returns by saving in a bank, some funds will naturally become cautious.
However, what’s interesting about the market is that.
Expectations and reality are often not the same thing.
Many times.
When rates are actually raised, the market has already priced it in advance.
So the biggest suspense now is not whether rates will be raised or not.
But whether the market has already reacted in advance.
If the answer is yes.
Then the current panic might actually mean that new opportunities are approaching. #Anthropic秘密递交IPO申请