Bitcoin Eyes Monthly Close as Markets Price Sept Fed Hike

The convergence of Bitcoin's monthly close with renewed Fed hike expectations highlights how macro liquidity signals remain a dominant driver for crypto risk appetite. The significance lies in the technical backdrop: a close below resistance while rate fears build could set a cautious tone entering September, as tighter conditions historically pressure speculative assets. This matters for traders and institutions positioning around month-end rebalancing, but the real watchpoint is whether the Fed narrative shifts again before the September meeting, as rate expectations have proven fluid. The open question is whether crypto decouples from equities if the hike is fully priced, or if it remains a high-beta proxy for global liquidity.