[Bitcoin records worst monthly performance since FTX collapse, interest rate outlook becomes a drag] Golden Finance reported that the prospect of "higher and longer" interest rates is putting pressure on the cryptocurrency market, and Bitcoin has recorded its largest monthly decline since the collapse of SBF's FTX empire in November 2022. Bitcoin plunged nearly 16% in April, and the Bitcoin and Ethereum ETFs launched in Hong Kong on Tuesday also failed to bring momentum. There are more and more reasons to suggest that the Federal Reserve may signal a postponement of interest rate cuts after the meeting this week. Chris Weston, head of research at Pepperstone, said that the recent rise in U.S. Treasury yields and real interest rates is stressful for gold, Bitcoin and U.S. stocks.