FOMC Aftermath
Jan 27, 2022
• 6
Min Read
Key Takeaways
On Wednesday, the Fed reiterated intentions to further reduce bond purchases in February and ultimately cease bond-buying in March, with rate increases to follow sometime thereafter.Bitcoin’s correlation with tech stocks during this drawdown is characteristically different from 2018 and suggests that we are not headed for a similar crypto winter.GBTC discount to NAV reaches an ATH as it approaches 30% for the first time, presenting a potential opportunity for the patient investor.Increased crypto adoption in emerging markets might serve as a tailwind for Bitcoin this year.M...