Crypto's resilience tested as oil rises after Iran strikes, Fed signals rates could still rise
Bitcoin held near $64,000 despite the Fed's hawkish split, Iranian ballistic missiles and an 8% surge in oil overnight that sent the Dow down 2.2% and the Nasdaq to a three-month low.
Source: CoinDesk
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DW NOTE
The Fed held three dissenters who voted to raise rates, and Bitcoin lost 0.14% on the day. That's not resilience — that's correlation breakdown. When tech sells off hard and crypto doesn't follow, it usually means either positioning is light or participants aren't yet pricing the policy path. Meanwhile, oil jumped 8% overnight on Iranian missile launches that Trump promised to answer "hard," and WTI still trades $5 below where it was two weeks ago at $84.51.