Bitcoin OGs dump over $100 million in BTC after hawkish Fed dents rate cut hopes

OGs sell as Fed's hawkish stance on rates pressures crypto and other risk assets. What to know : Bitcoin OGs sold over 1,650 BTC worth $117M after a hawkish Fed decision. Fed signaled only one rate cut this year, hurting risk‑asset sentiment. Tighter‑for‑longer outlook pressures crypto and other risk markets.(Coindesk)