
Analysts compare Bitcoin's post-Fed hike rally to 2022
- —The Fed raised rates by 25 basis points for the first time since July 2023
- —Bitcoin gained 1% in 24 hours, Zcash rose 23% to a new all-time high
- —Spot Bitcoin ETFs lost $746 million over two days
- —Futures price in another 75 basis points of hikes over six months, with Goldman expecting a move in October
Why it matters: If ETF inflows do not recover, the post-hike rebound could prove a trap, as it did in 2022.
Source: 動區 BlockTempo