Bitcoin’s difficulty breaking above $80,000 is being linked to shifting expectations for US monetary policy, according to Cointelegraph, citing CoinShares. The report indicates that recent Bitcoin fund-flow activity reflects investors adjusting their exposure in response to the expected path of Federal Reserve interest rates rather than abandoning the cryptocurrency market altogether. A growing probability of a rate hike at the Fed’s September meeting has brought monetary conditions back into focus for digital-asset investors. The changing rate outlook is therefore influencing trading behavior around Bitcoin, even as the asset remains below the $80,000 level. The comments point to macroeconomic expectations as an important factor behind current Bitcoin market positioning, rather than evidence of a broad exit from the market. Bitcoin is among the crypto assets associated with the report.
