Crypto-Follow logo Crypto-Follow logo
CoinGape 2022-04-07 04:37:34

Bitcoin and Crypto Correct 5% As Market Braces for the Biggest Fed Rate Hike

Bitcoin (BTC) and the broader crypto market have corrected 5% as investors decide to turn risk-averse preparing for the biggest Fed rate hike. Earlier today, Bitcoin fell to a low of $42,700 before recovering back marginally. This is for the first time since March 24, 2022, that the BTC price has dropped under $43,000. In The post Bitcoin and Crypto Correct 5% As Market Braces for the Biggest Fed Rate Hike appeared first on CoinGape.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer