Brind.
  1. The interplay between the Iran situation, Fed policy, and FOMC decisions is affecting global oil markets and Bitcoin prices.
  2. Geopolitical tensions in the Middle East, including the Strait of Hormuz, are impacting oil supply, fueling inflation, and testing the limits of Fed policy and Bitcoin's viability.
  3. Interest rate hikes are increasing the opportunity cost for crypto, while spiking oil prices reinforce fears of further rate hikes by the FED.
  4. The Fed's tightening policy, coupled with supply shock concerns, led to a crypto rally and prompted Goldman Sachs to adjust its rate hike forecast.

Fed Chair spoke at IMF meetings, leading to downward repricing of rate hike expectations and supporting crypto sentiment.

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Fed Chair spoke at IMF meetings, leading to downward repricing of rate hike expectations and supporting crypto sentiment.

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