What Happened to the Crypto Markets After the Latest FOMC Meeting ?

Last week, the digital asset market experienced an unexpected surge, with Bitcoin (BTC) leading the way with an impressive 12% daily gain on Tuesday. What’s more peculiar is that last week was an objectively bearish week, with the release of the January Inflation reading (CPI) coming in a bit more steamy than analysts expected, which sent risk assets down across the board. Yet BTC rebounded quickly to most people’s surprise.