Grayscale: Bitcoin can withstand new Fed rate hikes
- —Grayscale compared the current cycle with Fed tightening since 2022
- —The firm believes Bitcoin is more resilient to new rate hikes
- —The conclusion is based on differences between the current macro backdrop and 2022
Why it matters: If the thesis holds, further Fed rate hikes will pressure Bitcoin less than in 2022.
Source: CriptoNoticias