Fed minutes turn Bitcoin’s rate-cut trade into a hike-risk problem

The Federal Reserve's April meeting minutes, released Wednesday, failed to bring the good news Bitcoin traders had been hoping for most of the year. The majority of policymakers said some degree of policy tightening would likely become appropriate if inflation stayed persistently above the central bank's 2% target, the opposite of the rate cuts markets […] The post Fed minutes turn Bitcoin’s rate-cut trade into a hike-risk problem appeared first on CryptoSlate.