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Bitcoin Breakout Elusive as Traders Price In 7 Fed Rate Hikes for 2022

The Federal Reserve is likely to raise rates by 25 basis points on Wednesday, the first hike since 2018.

Updated May 11, 2023, 5:26 p.m. Published Mar 15, 2022, 8:36 a.m.
Bitcoin's price narrowly missed the $40,000 mark late Monday. (Source: CoinDesk, Highcharts.com)
Bitcoin's price narrowly missed the $40,000 mark late Monday. (Source: CoinDesk, Highcharts.com)