Bitcoin Dips, Recovers As Fed Unleashes Biggest Rate Bump In 28 Years

Bitcoin Dips, Recovers As Fed Unleashes Biggest Rate Bump In 28 Years

The Federal Reserve of the United States increased interest rates by 0.75 percent on Thursday, the single biggest increase in three decades. However, the central bank has indicated that additional increases are forthcoming later this year. Bitcoin fluctuated significantly following the Fed’s announcement of a rate hike, which was a desperate attempt to counteract increasing […]


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