Bitcoin Slides as Hawkish Signals Meet Returning Asian Liquidity

[johnblockbuster]

Crypto markets reacted swiftly to the Fed minutes. Bitcoin fell from roughly $68,300 to below $66,500 within 24 hours, a 1.6% drop. The decline accelerated as Asian markets returned from Lunar New Year holidays, increasing trading volumes and amplifying downside momentum.

Geopolitical tensions between the US and Iran, alongside a more than 4% surge in oil prices, further dampened risk appetite.

Meanwhile, Brian Armstrong, CEO of Coinbase, described the pullback as psychological rather than fundamental. He noted that the company was buying back shares and accumulating Bitcoin during the dip.

Looking ahead, the Fed’s March 17–18 meeting is unlikely to bring a rate cut. June remains the earliest plausible window — but with a hawkish committee, leadership transition uncertainty, and inflation risks looming, volatility across crypto markets could persist in the weeks ahead.

[madmax]

coinbase buying shares and stacking btc while retail refreshes charts in panic