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Blockchain Cryptocurrency btc etf coinshares fed fomc interst rate (SpotedCeypto)

BTC to be more sensitive to macro indicators such as US interest rates; BTC outflows may occur after FOMC decision to keep interest rates high.

"As more institutions invest in bitcoin spot ETFs, the price of bitcoin will become more sensitive to Fed interest rate decisions," James Butterfill, Head of Research at Coinshares, told TheBlock. "This will also make it more sensitive to interest rate sensitive macro indicators such as employment and
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