CoinEx Daily: Bitcoin Stays Under Pressure on Hawkish Fed, ETF Outflows and Firmer Dollar
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Bitcoin traded under pressure and remained below $65,000, extending its post-Fed weakness as ETF outflows and fading rate-cut expectations weighed on price action. Macro conditions turned less supportive after the Fed held rates steady with a hawkish tone, while firmer dollar dynamics and resilient equities following geopolitical relief underscored a risk environment that favored traditional markets over crypto. Overall crypto sentiment was cautious to negative, with investors reducing exposure amid tighter financial conditions and a broader view that any next uptrend is likely to be slower and less volatile than prior cycles.
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