Bitcoin: Hawkish Fed Sends STRC to Record Low

Bitcoin underperforms after former Fed Governor Kevin Warsh delivered hawkish comments that drove STRC to a record low, with institutional demand hitting multi-year lows and risk now skewing to the upside according to Bitwise Europe analysis. Over the past year institutional flows have remained subdued while macro policy uncertainty continues to weigh on risk assets. BTC currently trades at $65201.81 and tests upper Bollinger resistance at $65118.69 while the 50-EMA at $64193.02 offers concrete support beneath; with RSI at 61.26 remaining neutral and MACD confirming a bullish golden cross at 115.36, price action points to a measured pullback toward the 50-EMA before any continuation higher. Traders tracking BTC price prediction models and institutional crypto demand metrics should monitor how Fed rate impact on Bitcoin evolves in the weeks ahead.