Bitcoin & Crypto Market Rises After US Rate Hike, Future Role of US Dollar in Focus

The price of bitcoin (BTC), ethereum (ETH), and most other cryptoassets moved higher today, after the US Federal Reserve (Fed) yesterday raised rates for the first time since 2018, and a discussion about bitcoin’s role in a future monetary regime re-emerged. As of Thursday at 16:00 UTC, BTC stood at USD 40,915. The price was up by 0.6% for the past 24 hours, after seeing strong gains yesterday that pushed the coin above USD 41,000 for the first time in a week....Read More: Bitcoin & Crypto Market Rises After US Rate Hike, Future Role of US Dollar in Focus