In the fast-moving world of crypto, every economic signal counts. Lately, are pulling back as fresh macro data points to a stance on interest rates. This shift means central banks, like the US Federal Reserve, plan to keep rates high for an extended time to fight inflation. Bitcoin and other coins have felt the heat, with prices dipping amid rising caution.

What Does ‘‘ Really Mean?

The phrase ‘‘ has become a buzzword in finance. It refers to the idea that interest rates will stay elevated longer than many expected. Why? Inflation remains sticky, and the economy shows strength without big cracks.

Central banks raise rates to cool spending and prices. High rates make borrowing costly, slowing growth. For risk assets like crypto,…