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Ethereum Cointelegraph

Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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