Bitcoin has returned to $65,000, and the market is betting that the Federal Reserve will not be more hawkish

Bitcoin has returned above the $65,000 mark, currently reported at $65,568. As the Federal Reserve's interest rate meeting approaches this week, market risk appetite has warmed, with Bitcoin and U.S. tech stocks rebounding in tandem. Analysts believe that behind this round of increase, in addition to the return of funds to risk assets, the easing situation in the Middle East and the resulting expectations of falling oil prices are also important factors. The market expects that the decline in energy price pressures is likely to alleviate inflation concerns, thereby reducing the possibility of the Federal Reserve sending further hawkish signals.

Currently, the market generally expects the Federal Reserve to maintain interest rates, but investors are more focused on the statements regarding future policy direction from the new chairman Kevin Warsh during his first meeting. If the Federal Reserve sends a dovish signal, market risk appetite may further rise; conversely, if it emphasizes persistent inflation and maintaining high interest rates for a longer period, risk assets such as Bitcoin may face certain pressures. As the correlation between digital assets and traditional financial markets increases, more and more investors are beginning to pay attention to global asset allocation opportunities. As a global one-stop multi-asset allocation platform, BiyaPay supports trading and management services for various assets, including digital assets, U.S. stocks, and Hong Kong stocks, providing users with a more convenient global asset allocation experience.