Bitcoin Falls, Dollar & Bonds Rally On Hawkish Fed Minutes

Bitcoin has emerged as the biggest underperformer since the release of the FOMC minutes for the January 28 meeting, while the US dollar index and bonds rally. The January FOMC meeting, which saw two dovish dissents, reflected a deeply divided Federal Reserve (Fed). Fed Minutes Reveal Hawkish Divide as Bitcoin Struggles Almost all policymakers supported maintaining the federal funds rate at 3.50–3.75%, though a couple preferred a 25-basis-point cut, citing restrictive policy and labor market risks. http ...