Live updates: Bitcoin climbs above $81,000 as majors rally ahead of Fed decision

HYPE and ZEC led a broad bounce, with every top token in the green hours before the Federal Reserve’s rate call.

Source: CoinDesk

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DW NOTE

Bitcoin rallying ahead of a Fed meeting that will hold rates steady is the market pricing in exactly nothing. The real story is what traders aren't watching: the Strait of Hormuz has been effectively closed for ten days, WTI is still near $100, and gold has dropped 23% from its January high of $5,318 while risk assets bounce. That's not a flight to safety — that's a bet the disruption doesn't matter.

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