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Ethereum World News 2022-03-17 07:52:22

Bitcoin Battles to Hold $41k as the Fed Raises Interest Rates by 0.25%

Quick take: Bitcoin hit a local high of $41,718 as anxiety grew on Wednesday, that the Fed would increase interest rates The U.S Federal reserve announced a 0.25% rate hike and signaled six more increments this year Bitcoin has since dropped below $41k to $40,600 Current prices are a relief for Bitcoin traders given Sunday’s low of $37,555 and expectations of panic selling once the Federal Reserve increased interest rates In the last 48 hours, Bitcoin has managed to pop […]

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