#Crypto not liking the #FED Hawkishness

Before the meeting, markets were hoping for:
Neutral Fed = mildly bullish
Dovish Fed = strongly bullish
Instead they got:
No cut
Less chance of cuts
More discussion of possible hikes
That is a hawkish outcome, as we expected.
What it means for #BTC & $Crypto
Normally a hawkish Fed would pressure $BTC because:
Higher rates strengthen the #dollar.
Higher rates increase bond yields.
Liquidity becomes less supportive for risk assets.
However, Bitcoin is currently trading in a market dominated by the recent Iran ceasefire/de-escalation, which is helping to moderate the -ve FED outcome and so the reaction isnt as bad as it could have been.