Bitcoin's Price Volatility Continues Amidst Fed's Rate Hike Signals.

1 min read
Source: MarketWatch
Bitcoin's Price Volatility Continues Amidst Fed's Rate Hike Signals.
Photo: MarketWatch
TL;DR

Bitcoin fell 3% to around $25,068 after the Federal Reserve kept interest rates unchanged but suggested another 50 basis points of rate hikes remain on the table if inflation doesn't slow faster. The cryptocurrency gained more than 56% so far this year but is still down more than 60% from its peak in 2021.

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