Study: In the 7 historical scenarios where the Fed paused and then resumed rate hikes, Bitcoin fell within 30 days each time

Odaily Planet Daily News: Since 2016, in the seven historical scenarios where the Federal Reserve resumed interest rate hikes after pausing, Bitcoin recorded declines within 30 days following each hike, with a median drop of 2.4%—a record of 0 wins and 7 losses. The study notes that 2018 was a relatively similar historical case, during which Bitcoin fell by 42% cumulatively from the U.S. midterm elections to the December Fed rate hike. However, the study's sample size is only seven instances, and past performance does not guarantee future results. (Bitcoin News)