Bitcoin Price Drops Following 50 Basis Points Interest Rate Hike

The US Federal Reserve (Fed) announced an interest rate hike of 50 basis points. The price of Bitcoin plummets following the announcement. After four consecutive 75 basis point hikes, the Fed slowed down its monetary tightening policy in the last FOMC meeting of the year. With the 50 basis points…

#elonmusk #basispointsinterestratehike #basispoints #marketparticipantssoldnews #usfederalreserve #coinglass #telegram #ethereum #jeromepowell #beincrypto