Bitcoin, Ethereum Drop Sharply After Fed Signals More Interest Rate Hikes to Come
Published
The price of Bitcoin nosedived today—along with U.S. stocks—on news that the Federal Reserve approved a smaller interest-rate hike than previous ones this year, but signaled plans to keep raising rates next year to combat high inflation. The Fed has this year upped interest rates 0.75 percentage…
#coingecko #ftx #federalreserve