The U.S. Federal Reserve has hiked the benchmark interest rate by 50 basis points, which is in line with analysts’ expectations.
The central bank signaled that it would keep lifting interest rates in 2023 in order to bring down inflation.
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:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ether, Bitcoin Post Gains as Crypto Market Cheers Sam Bankman-Fried's Arrest, Inflation DataCrypto market rallied, with bitcoin and ether gaining over 3%, as traders shake off FTX and move their focus towards macroeconomic conditions. By thesamreynolds thesamreynolds Always great updates ! Thanks CoinDesk. thesamreynolds easy lads thesamreynolds Bitcoin rallies by 3% compared with a loss of 60% of its value in the past 12 months but as they say, every little bit helps.
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis pointsBitcoin falls as the Fed delivered the expected 50 basis point increase. It was above $18K for less then 2 hours lol....man you guys are a total rag. It was already below sorry but I love that meme 😬
Source: TheBlock__ - 🏆 464. / 53 Read more »
Bitcoin trades around $18,000, US dollar sinks as all eyes are on the FedCrypto markets swelled ahead of the Fed's final interest rate decision of the year — a 50 basis point hike is expected. is this news from 2017? BTC has shown a bullish tendency these past few days. Reaching its Month-time-high above $18K. Has it established its new bottom? Why not talk about your corrupt media outlet instead?
Source: TheBlock__ - 🏆 464. / 53 Read more »
Bitcoin Hovers Around $17K Ahead of Inflation Data, Fed MeetingBitcoin trading steady over $17,000 with the latest U.S. Consumer Price Index (CPI) report to be released Tuesday and the U.S. Federal Reserve's interest rate decision Wednesday. Bitcoin's implied volatility has also declined in recent weeks, Fundstrat noted. 'All About Bitcoin' host Christine Lee breaks down the Chart of the Day. federalreserve cryptocom KriptoAnaliz4 bu ne diyor hocam federalreserve cryptocom Hi
Source: CoinDesk - 🏆 291. / 63 Read more »