Bitcoin Breakout Elusive as Traders Price in 7 Fed Rate Hikes For 2022

Bitcoin dropped and U.S. stock futures nursed losses as interest rate derivative traders expect that the U.S. Federal Reserve could raise rates seven times this year and the tightening cycle would peak at a level higher than previously anticipated.

The futures tied to the tech-heavy Nasdaq 100 index traded 0.5% lower, signaling a continued risk aversion. On Monday, the index fell 2%, leading the S&P 500 and Dow Jones lower as investors rotated money into value stocks from growth stocks ahead of an impending Fed rate hike on Wednesday.

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Bitcoin consolidates below $39,000 as investors await Fed decisionBitcoin is consolidating below $39,000 on Monday, as investors await decisions from the Federal Open Market Committee's two-day meeting, which will conclude... I'm a nude model, rate my photos)😘😘😘
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Investors Predict Fed to Hike Rates This Week — Reactions From Crypto, Stocks, Gold Market Expected – Economics Bitcoin NewsThe U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Economics Crypto Gold It's going to crash the market, for sure. Inflation We have something special for you! 👇👇👇👇👇👇💯 GO ࠛࠛ ࠛࠛ
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