What Happens to Bitcoin if the Fed Raises Rates in July?

The Federal Reserve's decisions on interest rates significantly influence various financial assets. A potential rate cut could lead to an explosion in value for a specific ETF. Conversely, there are concerns regarding whether Bitcoin will come under fire if the Fed decides to hike rates in July. These scenarios highlight the direct correlation between central bank monetary policy and the market performance of both traditional exchange-traded funds and digital currencies like Bitcoin.