Hawkish Fed dot plot spells trouble for Bitcoin

Bitcoin’s resilience is a trap. The Fed’s latest dot plot reveals a hawkish path to 4.1%, signaling another rate hike this year that will drain market liquidity. As government bonds offer higher yields, the flight to safety will leave volatile assets like Bitcoin in the dust. The reality is that Bitcoin can't compete with a tightening Fed that makes "safe" debt attractive again. Is Bitcoin’s value nothing more than a product of low interest rates? What's your take?
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