Viewpoint: If the Fed's FOMC decision is dovish, it may trigger a rebound in Bitcoin

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ODAILY
a day ago
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Odaily reported that Bitget Research's chief analyst, Ryan Lee, stated that although Bitcoin has a historical correlation with gold as a macro hedge tool, Bitcoin's current trend (gold rising while Bitcoin falling) indicates that it is more like a risk asset, affected by the uncertainty of the Fed's policy, profit-taking, and the shift to traditional safe-haven assets. If the FOMC's decision is dovish, it may trigger a rebound recovery; if it is hawkish, it may deepen the adjustment. Bitcoin's short-term performance is closely related to broader economic signals, rather than just strengthening its role as digital gold. (CoinDesk)

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