๐ Fed Holds Rates Again โ Bitcoin Eyes $72K on $2.5B Options Bet
The FOMC held rates at 3.50%โ3.75% for the fifth straight meeting in a contentious 9โ3 vote, signaling growing divisions inside the central bank. Bitcoin was trading around $64,300 heading into the decision, while options traders had already loaded $2.5 billion in BTC call spreads targeting $72,000 by July 31. A rate hike would have been a shocker โ instead crypto bulls are watching to see if the hold sparks a breakout. Not financial advice.