#Gate廣場發帖領五萬美金紅包 The Federal Reserve turns hawkish, crypto markets face "Black Thursday"

The Federal Reserve's meeting minutes released on February 19th sent a strong signal, with most officials expressing increased concerns about inflation. Not only did they delay expectations of interest rate cuts, but they also revisited the possibility of rate hikes. The US dollar index responded by strengthening to 97.61, putting risk assets under pressure. Bitcoin fell below the $66,000 mark, with 24-hour total liquidation of long positions reaching as high as $170 million, and over 94,000 traders being liquidated. Market profitability levels have fallen back to late 2023 levels. Analysts warn that once the Federal Reserve begins discussing "interest rate hike risks," the valuation logic of risk assets will undergo a restructuring. $BTC ‌$ETH ‌