Macro· ★★★· neutral·

Bitcoin Suisse: Fed strategy shift under Warsh to reshape crypto market

  • —Warsh took over the Fed in May and is scaling back communication-driven policy
  • —In July, rising long-dated Treasury yields tightened conditions without a rate move
  • —Bitcoin Suisse expects sharper rate swings and higher term premiums
  • —Crypto capital will be allocated more selectively, widening divergence between assets
Why it matters: The era when rising liquidity lifted the entire crypto market may be over, making asset selection and risk management far more important.
Source: BTC-ECHO