Trying to learn how macro affects crypto and I'm already lost. The Fed raised rates for the first time in 3 years last week which is supposed to be bearish for risky assets. But Bitcoin went from $80k to $86k right after.
Best I can figure is oil prices dropped hard at the same time and the Trump-Xi meeting these days is making people optimistic, so those just outweighed the hike? Is it always like this where 3 things happen at once and the market just picks which one to care about? Would love an explanation from someone who actually gets this.
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