Bitcoin Sentiment Slides as Market Dips: Why Bearish Odds Are Now Increasing

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Jose Antonio Lanz, Guillermo Jimenez

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Mentions

People	Jerome Powell, Stephen Miran
Organizations	Federal Reserve, Myriad, Decrypt, DASTAN, CME FedWatch tool

Code	Name
US	🇺🇸United States

Target	Sentiment	Comment
BitcoinBTC	Bearish	Technical indicators and prediction market odds suggest short-term bearish momentum for Bitcoin.
EthereumETH	Bearish	Ethereum also plunged following the Fed's hawkish comments.
Federal Reserve	Bearish	Fed Chair Powell's comments were more hawkish than expected, leading to market sell-offs.