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The Nexus
BUSINESSMay 1 · 14:23 UTCR/CRYPTOMARKETS/u/JAYCAZ1

Bitcoin Responds to Fed Hold: Still More Like Software Than Gold?

Bitcoin's price pattern around Federal Reserve meetings remains consistent, rising before and falling after, regardless of rate decisions. Higher interest rates make safer assets like Treasury bills more appealing, affecting Bitcoin's relative attractiveness. The Fed recently held rates steady, but the reaction highlights Bitcoin's behavior as more akin to software than traditional assets like gold.

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