Caught Between Warsh and War: The Twin Macro Storms Battering Bitcoin
Bitcoin is navigating a dangerous confluence of two independent macro headwinds - a hawkish new Fed chair whose rate instincts contradict the crypto-friendly reputation traders priced in, and a fragile U.S.-Iran diplomatic standoff that sends the market lurching on every presidential post. The result is a market that reacts fast, recovers slowly, and trusts very little.
