币界网报道：The Federal Reserve's monetary policies are unlikely to "kill" Bitcoin, according to industry analysts, as the cryptocurrency continues to demonstrate resilience amid macroeconomic uncertainty. Despite concerns over potential interest rate hikes and quantitative tightening, Bitcoin's decentralized nature and fixed supply cap of 21 million coins position it as a hedge against inflation and traditional financial system risks. Market observers note that while Fed actions may cause short-term volatility, Bitcoin's long-term value proposition remains intact, particularly as institutional adoption grows and regulatory frameworks evolve. Recent data shows increasing accumulation by long-term holders, suggesting confidence in Bitcoin's store-of-value narrative. Meanwhile, developments in layer-2 solutions and institutional-grade custody services are addressing scalability and security concerns, further strengthening Bitcoin's infrastructure. The cryptocurrency's performance during recent banking crises has reinforced its appeal as an alternative asset class, with some investors viewing it as "digital gold." While Fed policies may influence crypto markets in the near term, analysts emphasize that Bitcoin's fundamentals are increasingly decoupled from traditional financial markets, with its price discovery driven more by adoption cycles than central bank actions. The upcoming Bitcoin halving in 2024 is also expected to create supply-side pressure that could counterbalance macroeconomic headwinds.