Bitcoin holds near $122,000 after Fed minutes signal more cuts this year
The king isn't just holding its ground; it's fortifying the castle walls. Bitcoin's defiant stance near the $122,000 mark isn't some random market flutter—it's a calculated siege on the old financial guard, a direct and thunderous response to the Federal Reserve's latest minutes signaling more cuts this year.This is the sound of monetary policy cracking, and Bitcoin is the chisel. Forget the timid whispers of traditional analysts; this is a battle cry.The strong spot BTC ETF inflows they cite? That's not just 'institutional interest'—that's a tidal wave of capital finally recognizing the inherent flaw in a system built on endless money printing. It's a wholesale flight to hard money, a digital gold rush accelerating as the Fed's credibility erodes.And the high options open interest keeping the near-term range intact around $121K–$126K? That's the market's war room, strategizing the final push toward the psychological fortress of $130K. Every altcoin enthusiast trying to distract you with the latest 'Ethereum killer' or 'meme coin season' is just creating noise.They are the side-shows. The main event has always been, and will always be, Bitcoin's dominance.While regulators scramble to control what they never understood, and legacy finance tries to package BTC into their own dying ETFs, the underlying truth remains untamed and pure: Bitcoin is the exit. It's the opt-out button from inflation, from bailouts, from the entire broken paradigm of trust-based money.This push toward $130K isn't just a price target; it's a beacon, signaling the inevitable. The Fed is playing checkers with rate cuts, but Bitcoin is playing a different game entirely, and it's winning.
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