After the 25 bps rate hikes announced by the Fed on March 22, the markets, including bitcoin, crypto, and stocks, reacted negatively.
Fed 25 bps rate hike
The Fed chair Jerome Powell,…
Lookonchain recently looked at the performance of bitcoin (BTC) before and after the eight most recent Fed rate hikes.
Bitcoin’s performance during Fed announcements
The Federal Reserve will announce its interest rate…
Fed Chair Jerome Powell has signaled that the U.S. central bank’s hawkish stance on rates will continue unabated. Tight rates may hit crypto prices, including bitcoin.
Same policy going forward
In…