Key takeaways:Spot market demand through US-listed ETFs and Strategy buying BTC supports Bitcoin’s bullish momentum.Low leverage among Bitcoin bulls reduces the risk of cascading liquidations even if prices drop another 5%.Rising inflation concerns negatively impact fixed-income returns, paving the way for an eventual rotation from gold into Bitcoin.Bitcoin (BTC) faced a 7% correction after flirting with the $76,000 level on Tuesday. The downturn followed a decline in the US stock market after oil prices surged due to Israel attacking Iran’s largest gas processing facility and the US producer price index rising above expectations.Despite the recent losses, there is no indication…

In brief The Federal Reserve held interest rates steady for a second consecutive meeting. The decision was split, with one member of the FOMC calling for a cut. The central bank noted that the implications of conflict in the Middle East are “uncertain” for the U.S. economy. The Federal Reserve held its benchmark interest rate steady on Wednesday, maintaining a cautious stance as rising energy costs threaten to complicate its ability to balance persistent price pressures with a cooling job market in the U.S.The federal funds rate remained unchanged at a target range 3.50% to 3.75%. The decision, which was…

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