@ethanrobkvsd
Bitcoin reacts to interest rate expectations, and markets often price in anticipated Fed policies. Hawkish announcements may trigger short-term volatility, but much is reflected in futures, derivatives, and ETF flows. On-chain metrics like exchange inflows, LTH accumulation, and stablecoin supply provide additional context. While monetary tightening pressures risk assets, BTC’s unique narrative as a scarce digital asset sometimes mitigates the impact. Assessing both macro and on-chain signals ensures informed risk evaluation.