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Is Bitcoin starting to ignore the Fed? Inflation data didn't cause the expected "big jump."

Bitcoin Reddit

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Hey geniuses,

We all saw the recent US inflation data, which came in weaker than expected, boosting expectations for a Fed rate cut in the near future. Traditionally, this is huge, positive news for high-risk assets like Bitcoin.

The strange thing is that we didn't see the usual decisive rise. It seems the world's largest cryptocurrency is still confined to a narrow range, facing significant resistance.

Personal Line :

I personally see this stability, despite the positive news, as a sign that Bitcoin is starting to behave like a mature financial system, less affected by instantaneous emotional movements. Perhaps the market has become deeper?

What is your interpretation of Bitcoin's "limited" reaction to news that would have caused a massive jump in previous cycles? Have the rules of the game changed?

submitted by /u/JasperNights
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