Monthly Report: Eyes on Fed - Is Rally Alive or Dead?
It was one year ago (May 3rd and 4th, 2022) when crypto markets got hit hard by the Fed's FOMC meeting decision to raise interest rates and sending the first realization that there won't be any upcoming rebounds back to the glorious November, 2021 all-time highs.
It's been a long journey for crypto markets since those glory days a year and a half ago. But defining glory is a matter of perspective. Bitcoin is still up over 60% since the start of the year, and those who were aggressive when seeing the $16k to $17k levels are still sitting quite pretty.
But as we can see over the past 30 days, assets have really began to diverge from one another and make their own paths.
This is great if you are really engaged with the on-chain and social statistics, and
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