Its not an actual effect, its a perception or speculative alteration of sentiment. The Federal reserve cannot raise interest rates above inflation, they can only make noises to reduce the dilution of the US dollar. Whatever they do its like clapping your hands at an errant bear, sometimes it works but the FED isnt in control thats delusional imo. Its still going to be true that 2023 the US dollar declines at some rate of decay in its value, within ten years its easily possible to say the value will have halved which is quite incredible.
Because its gradual people are accustomed to always losing money they have earnt, I guess I would relate it to propaganda we accept it as normal when its not correct for your earnings to removed from your wallet afterwards its kinda ridiculous. BTC is effected by negative sentiment right now but the Dollar itself is on the same negative gradient its had for decades so I only see trading themes.
Market news is always expected vs actual, surprise downside or upside. +50 basis pts will be normal I think
Topic: Impact of the June Interest Rate Adjustment on the Bitcoin Price (Read 11 times)
The interest decision issued by the US Federal Reserve will be June 15, 2022 within 5 days, during which the market may witness some stability, but what will happen if:
How will one of the options above affect the price of Bitcoin or will it not have an effect?
or by the end of June 20, 2022 price will be:
- The Fed decided to raise interest rates by 50 basis points.
- The Fed decided to raise interest rates by more than 50 basis points.
- The Fed decided to cut interest rates by less than 50 basis points.
- The Fed decided not to make a change in monetary policy.
How will one of the options above affect the price of Bitcoin or will it not have an effect?
or by the end of June 20, 2022 price will be:
- >= 20,000
- >= 30,000
- >= 40,000
- >= 50,000
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