Ethereum World News
2022-03-17 07:52:22

Bitcoin Battles to Hold $41k as the Fed Raises Interest Rates by 0.25%

Quick take: Bitcoin hit a local high of $41,718 as anxiety grew on Wednesday, that the Fed would increase interest rates The U.S Federal reserve announced a 0.25% rate hike and signaled six more increments this year Bitcoin has since dropped below $41k to $40,600 Current prices are a relief for Bitcoin traders given Sunday’s low of $37,555 and expectations of panic selling once the Federal Reserve increased interest rates In the last 48 hours, Bitcoin has managed to pop […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.