Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018
The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communic...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The US Federal Reserve (Fed) raised interest rates by 25 basis points today, marking the first rate hike in the US since before the COVID-19 pandemic. The increase was in line with what the central bank has long communicated to the market that it would do. ...
Read More: Fed Raises Interest Rate by 25 Basis Points in First Rate Hike Since 2018
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Strategy Just Stopped Bitcoin News: Is the Market’s Biggest Corporate Bid Gone for Good?
In the latest Bitcoin news, Strategy held its bitcoin position flat at 840,447 BTC through the week ended Aug. 16, according to a...
Over 173,000 crypto traders liquidated in 24 hours as $2.98B evaporates
This event highlights the volatility and risk in crypto markets, emphasizing the potential for significant financial losses among...
Bitcoin.com integrates USDU, the UAE’s first central bank-registered dollar stablecoin, into its wallet
The integration of USDU into Bitcoin.coms wallet could enhance stablecoin adoption, bridging regulatory compliance with consumer a...
Kyriba integrates USDC for enhanced treasury management
Kyriba's USDC integration signifies a shift towards real-time financial operations, enhancing liquidity management and acceleratin...
Coinbase integrates Hyperliquid perps, adds 50x crypto longs to Base App
Coinbase's integration with Hyperliquid may boost decentralized finance engagement, potentially influencing the likelihood of a Ba...
Centrifuge integrates Symbiotic liquidity network across $2B in tokenized funds
This integration enhances liquidity and flexibility in tokenized assets, potentially accelerating the adoption of decentralized fi...