Joe Burnett: Bitcoin was higher three years after each Fed rate hike from 2015 to 2023

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55 min ago

Joe Burnett: Bitcoin was higher three years after each Fed rate hike from 2015 to 2023 — Bitcoin up after Fed rate hikes

U.S. inflation figures released this morning were described as high. Joe Burnett observed that following each of the 20 rate hikes by the Federal Reserve between 2015 and 2023, Bitcoin's price was higher three years later. He noted the median three-year compound annual growth rate was 71%.

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Burnett has previously commented on notable industry events. He identified a reported $5.5 billion Binance theft that may be one of the largest in history. In a separate note, he highlighted that Strive overtook Atlanta Braves Holdings in market capitalization.

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