Bitcoin fell Wednesday as the Fed raised its key interest rate by a quarter of a percentage point, as widely expected, while the Fed chairman Jerome Powell...
Bitcoin fell Wednesday after the Federal Reserve raised its key interest rate by a quarter of a percentage point, as widely expected, while the Fed chairman Jerome Powell said it’s “the most likely case” that the central bank would refrain from cutting its key interest rate this year.
The... Bitcoin fell Wednesday after the Federal Reserve raised its key interest rate by a quarter of a percentage point, as widely expected, while the Fed chairman Jerome Powell said it’s “the most likely case” that the central bank would refrain from cutting its key interest rate this year. The pullback came after bitcoin rallied almost 50% in less than two weeks, as three regional U.S. banks collapsed and the Fed announced an emergency loan program to backstop depositors at the institutions and across the whole banking system.
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