BTC just broke above $64K.


But 165,000 traders got liquidated in the last 48 hours. $682 million wiped out.
And we're about to find out why.
The Fed drops its rate decision at 2pm ET today. No dot plot this meeting, guys, so we're reading tone, not data.
Consensus says hold at 3.50-3.75%. But hike odds jumped to 35.8% this week from 25.7%. That's not nothing.
Add in a shelved Clarity Act, an 11% Kospi crash, and $4 billion in ETF outflows in June alone, and you've got a market that's basically holding its breath.
BTC is down 33% this year while the Nasdaq posted double digit gains. This isn't a market wide flight from risk. It's crypto getting singled out.
Where do you think we're headed after 2:30? Relief rally or another leg down?
BTC1.50%
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GateUser-97d5c6f5
· 3h ago
https://www.gate.com/en/announcements/article/100882
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