Bitcoin faces 2022 parallels as Federal Reserve resumes rate increases

Bitcoin faces 2022 parallels as Federal Reserve resumes rate increases

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

The Federal Reserve raised interest rates by 25 basis points on Wednesday, taking its benchmark range to 3.75% to 4.00% in its first increase in more than three years.

Markets are pricing in a further 75 basis points of tightening over the next six months.

History suggests a single hike could be unlikely.

Since 1994, the Fed has gone “one and done” just once, with single increases also a rarity across the 12 tightening cycles since 1955.

For bitcoin BTC$76,444.81, the historical playbook is considerably smaller.

Bitcoin traded through the cycle that began in 2015, but thinner liquidity and a less developed market make comparisons less reliable.

The 2022 tightening cycle offers the fairest comparison involving a more mature market structure.

Synergies with 2022 have already taken place.

Bitcoin peaked around $69,000 in November 2021 and was down roughly 40% when the Fed first raised rates in March 2022.

Today, it sits around 40% below its October high of $126,000.

Analiz: Piyasa hareketliliği devam ediyor.