Posteo

$BTC is stuck around $63.4K $64K, and this is not just a chart story. The Fed is very likely to keep interest rates at 3.5 3.75% today, meaning liquidity remains tight. Meanwhile, US-Iran tensions pushed oil up to $74.67, causing the market to worry about inflation returning. BTC once fell from $72K to $63K when the conflict escalated. Altcoins will suffer more if the Fed continues to be hawkish. Crypto is not a safe haven yet. Currently, it is trading like a risk asset.