Bitcoin drops following Fed decision after topping $18,000 for first time in over a month

  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Bitcoin fell from the $18,000 mark after the Fed raised its benchmark interest rate and indicated there would be further hikes next year.

Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital.fell on Thursday after the U.S. Federal Reserve indicated further interest rate hikes ahead and investors continued to monitor the fallout from the collapse of cryptocurrency exchange FTX.

It came after the world's largest digital currency topped £18,000 Wednesday for the first in more than a month, trading as high as $18,356.50.

 

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

Ponzi coins

Hope it will go down to 4K. Can't wait to get back in!

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:

 /  🏆 12. in COİN

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.

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 falls below $18,000 after Federal Reserve raises interest ratesBitcoin loses ground as the Fed delivers a rate hike and signals more to come. 😓 Interesting how the change in Bitcoin price is now becoming the main signal to measure rate-changes against. Gradually it will become the only measure.
Source: MarketWatch - 🏆 3. / 97 Read more »

Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney's Set of BTC Transactions – Bitcoin NewsUpon further investigation, onchain data shows that Bitcoin block 1,018 is linked to a great number of block rewards ostensibly mined by Hal Finney. Using ChiefraFba signals, I have a 92% win rate in the last two months! Brilliant, but using ChiefraFba for signals and analysis I’m sharing this because that’s the only way I can show appreciation to protrademike I know there’s a lot of fake comments in twitters nowadays, but I assure y’all to check out Mr Mike is doing a B.I.G. pump on his group, and i follow up is tweets always
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin Pares Gains as Fed Announces Another Big Rate HikeThe Fed has indicated that it remains to determined to hiking interest rates next year, pushing crypto and stocks down
Source: Utoday_en - 🏆 295. / 63 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 »