TREE NEWS reports: Fed minutes show no support for rate cuts, with policy shift noted amid geopolitical tensions, keeping September rates on hold. Bitcoin surged past $69K for the first time since June, triggering over $1.3B in liquidations. Coinbase integrates Hyperliquid perpetuals on Base app with up to 50x leverage.
Fed Minutes No Cut Hint; Bitcoin Back Above $69K
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AI take
The Fed minutes and bitcoin's move are telling different stories: policy stays restrictive with no cut signal, yet crypto's rally is being driven by liquidations and leverage rather than a change in the macro backdrop. Coinbase's Hyperliquid integration pushes high-leverage perpetuals into a mainstream app, which matters for how retail risk gets distributed — and for regulators watching derivatives access. Whether bitcoin can hold above the level without fresh macro support is the open question.
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