Van de Poppe: Fed rate hike could push bitcoin higher
- —The Fed raised rates by 25 basis points
- —Van de Poppe sees the decision as positive for the market
- —He said a rate cut would have been worse for markets
- —The forecast remains the analyst's personal opinion, not a guarantee
Why it matters: The view of a well-known analyst runs counter to the traditional reading of rate hikes as pressure on risk assets, including bitcoin.
Source: Crypto Insiders