is crypto in a bear market

Since March 2022, traders and so-called analysts have been forecasting a policy change or pivot from the United States Federal Reserve.  Apparently, such a move would prove that the Fed’s only available option is to print into oblivion, further diminishing the value of the dollar and enshrining Bitcoin (BTC) as the world’s future reserve asset and ultimate store of value. Apparently. Well, on Nov. 2, the Fed raised interest rates by the expected 0.75%, and equities and crypto rallied like they usually do. But this time, there was a twist. Prior to the Federal Open Market Committee (FOMC) meeting, there were a few unconfirmed leaks stating that the Fed and White House were considering a “policy pivot.” According to comments issued by the FOMC and during Jerome Powell’s presser, Powell ...