Coinbase Institutional says Fed rate expectations, not the Binance hack, sank Bitcoin

Poin penting

• Coinbase Institutional attributes the recent drop in Bitcoin to changing Federal Reserve interest rate expectations rather than the Binance security breach.
• The market reaction underlines Bitcoin's increasing sensitivity to broad macroeconomic factors and central bank policies, which are currently exerting a stronger influence on cryptocurrency prices than isolated industry incidents or exchange-specific events.

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