Research: In all 7 historical instances where the Fed resumed rate hikes after a pause, Bitcoin declined within 30 days
Since 2016, in the 7 historical instances where the Federal Reserve restarted rate hikes after pausing, Bitcoin recorded declines within 30 days after the rate hikes, with a median drop of 2.4% and a historical record of 0 wins and 7 losses.
The research points out that 2018 is a relatively similar historical case, when Bitcoin cumulatively fell 42% during the period from the U.S. midterm elections to the Fed's rate hike in December. However, the research sample consists of only 7 instances, and historical performance does not represent future trends. (Bitcoin News)