Bitcoin price falls on news that Federal Reserve has raised key interest rate by 75 BPS

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

ICYMI: Bitcoin price falls on news that Federal Reserve has raised key interest rate by 75 BPS

The US Federal Reserve has raised the US federal funds rate to 1.5%-to-1.75%, representing an increase of 75 basis points."In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook.

The price of bitcoin fluctuated downward on the news, having traded above $21,000 just prior to the announcement. As of press time, bitcoin is trading hands at about $20,375 on Coinbase, per TradingView.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It actually pumped, I'm going to block you... No more fake news.... BTC

Another paid fake news, price fall?😅

I thought it went up

Wrong. It did the opposite. fakenews

Scheduled tweet?

This is false. The price pumped during the press conference and has continued to pump.

It’s the last pump IMO

Oops

Manipulation is loading.

It's as if they had this article written in advance. 😂😂😂 the heck with it. Let's post it anyway!

Uh.. guys.. didn’t JPow’s comments after the announcement come off bullish? Fall at announcement, rally during conference speech and q&a? That’s why equities closed up and btc still rallying?

It was in the 20's before the meeting... now at 22.7? Someone take the account away from the interns.

all the big sources want to hide this

Fall to on

price went up homie

Falls?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in COİN

Coin Coin Latest News, Coin Coin Headlines