BTC Hovers Around $21K as Fed Announces Biggest Interest Rate Hike in 28 Years
GlobalBlock Market Analyst Marcus Sotiriou discusses the possible macroeconomic factors impacting the crypto markets as the Fed raised interest rates by 75 basis points and BTC hovers around $21,000. Plus, Sotiriou explains what could’ve led Celsius to halt withdrawals for users, describing it as “human error in crypto.”
Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
The cryptocurrency fell to $20,270 after the Fed's statement but rebounded shortly after.
Exploring Bitcoin’s Relationship With Fed Rate Hikes
Bitcoin’s price seems to drop as the Fed Fund Futures implied 12-month rate goes up, according to NYDIG data. Plus, insights on why ProShares’ bitcoin ETF (BITO) is climbing to a new all-time high after two straight days of massive inflows.
La Reserva Federal anuncia la mayor subida de tipos de interés en 28 años, mientras bitcoin cae
Traders de la mayor criptomoneda han seguido de cerca las acciones del banco central estadounidense en busca de pistas para el mercado.
Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Gains
"The labor market is extremely tight, and inflation is much too high," said Chair Jerome Powell.
First Mover Americas: Bitcoin Slides Toward $20K in Record Losing Streak as Fed, ECB Meet
The latest moves in crypto markets in context for June 15, 2022.
Bitcoin cae a $20K en medio de riesgos de efecto cascada entre mercados cripto
El activo se acerca a un nivel de precio que no se veía desde 2020, a la vez que importantes empresas del sector registran potenciales insolvencias.
Tron Bolsters Reserve Again; Fed Decision Market Wobbles
$500 million in USDC added to Tron DAO USDD reserve. Coinbase cuts nearly a fifth of its workforce. Michael Saylor, Microstrategy stick to their guns on Bitcoin. Crypto market braces for U.S. Federal Reserve rate decision. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Celsius Troubles, UST Collapse May Help Crypto Long Term, FSInsight Says
The firm sees good buying opportunity now for bitcoin.
