Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Opinion: If the Federal Reserve's FOMC decision leans dovish, it may trigger a rebound and recovery of Bitcoin

Opinion: If the Federal Reserve's FOMC decision leans dovish, it may trigger a rebound and recovery of Bitcoin

Bitget2025/03/19 13:38
BTC-0.12%

Odaily Planet Daily reports that Bitget Research's chief analyst, Ryan Lee, stated that although Bitcoin has a historical correlation with gold as a macro hedge tool, the current trend of Bitcoin (gold rising and Bitcoin falling) indicates that it is more like a risk asset. It is affected by uncertainties in Federal Reserve policy, profit-taking and turning to traditional safe-haven assets. If the FOMC decision leans dovish, it may trigger a rebound recovery; if hawkish, it could deepen adjustments. The short-term trend of Bitcoin is closely related to broader economic signals rather than just reinforcing its role as digital gold.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Former SEC Chairman Gensler says he is "proud" of taking enforcement actions to regulate cryptocurrencies
2
Tether issued an additional 1 billion USDT 3 hours ago.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,567.53
-1.08%
Ethereum
Ethereum
ETH
$4,470.5
-1.48%
XRP
XRP
XRP
$2.99
-1.12%
Tether USDt
Tether USDt
USDT
$1
+0.03%
BNB
BNB
BNB
$992.29
+0.87%
Solana
Solana
SOL
$238.41
-1.99%
USDC
USDC
USDC
$1
+0.02%
Dogecoin
Dogecoin
DOGE
$0.2653
-3.30%
TRON
TRON
TRX
$0.3451
-0.53%
Cardano
Cardano
ADA
$0.8937
-1.90%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter