Bitcoin may be underpricing higher-for-longer Fed risk, Bitget Wallet analyst says

A Bitget Wallet analyst argues Bitcoin markets may not fully reflect the risk that the Federal Reserve keeps interest rates elevated for longer. Persistent inflation or hawkish Fed guidance could strengthen the dollar and weigh on risk assets, including Bitcoin, by delaying expectations for easier financial conditions. The key implication is that Bitcoin remains vulnerable to repricing if rate-cut expectations fade.