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Sentiment among $BTC and $ETH traders has soured in the wake of a hawkish turn from the Federal Reserve, according to reporting by Decrypt.
Hawkish, in central-bank language, means policymakers are leaning toward keeping interest rates elevated — or pushing them higher still — rather than pivoting toward cuts.
For crypto markets, where looser money has historically fed risk appetite, that shift in tone is enough to change how traders position themselves.
What "Hawkish" Means for Crypto Holders A hawkish Fed posture raises the opportunity cost of holding speculative assets.
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