PANews: CoinShares sees Bitcoin resilience as rate-hike risk persists
PANews reports that CoinShares sees Bitcoin holding up amid volatile risk assets, while inflation leaves further Fed rate hikes a risk. The supplied snapshot does not independently corroborate the analysis or reported meeting expectations.
jienweng
PANews reported on 2026-10-23 that CoinShares viewed Bitcoin as relatively resilient that week amid volatility in risk assets. According to PANews, CoinShares attributed that resilience to recovering spot demand, improved stock market sentiment and short covering.
PANews reported that CoinShares saw weakening U.S. housing conditions as giving the Federal Reserve room to defer rate increases, while hotter-than-expected CPI and PPI readings kept inflation risks in focus. The report described expectations for unchanged rates at a 2026-10-28 meeting; that schedule and those expectations are not independently corroborated by the supplied snapshot.
According to PANews, CoinShares warned that an unexpected rate increase could deliver a larger shock because markets were not anticipating it. The analysis said rate expectations and liquidity would remain the main drivers of crypto markets, with housing weakness providing insufficient relief from inflation risk.