Fed Minutes Shake Markets

The catalyst behind the latest sell-off came from the release of minutes from the Federal Open Market Committee (FOMC). Policymakers signaled concern that inflation remains stubborn, leaving the door open for further tightening if progress stalls.

Higher interest rates typically strengthen the U.S. dollar and push Treasury yields upward, making non-yielding assets like Bitcoin less attractive. The message from the Fed was clear: victory over inflation is not yet secured.