🚨 Fed's first rate hike in three years 🧠
📊 | $BTC | $ETH | $BNB |
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- The Federal Open Market Committee (FOMC) voted 12-0 to raise the federal funds target range by 0.25 percentage points to 3.75%-4%
- This is the first rate hike since July 26, 2023, ending 1,148 days of stability and a period of rate cuts
- The rate hike magnitude is the same as the previous one, indicating the Fed is still fighting inflation
- The market response is steady, with no obvious volatility 🔥
- The rate hike may further suppress dollar-denominated assets, leading some crypto assets to pull back in the short term
- The market is likely to remain range-bound in the near term, with volatility staying at a moderate level
- Whale holdings have not changed much, suggesting institutional investors still have patience as rates rise
- Over the next two weeks, BTC and major altcoins are expected to continue to wait and see, and trading volume may dip slightly
- What do you think about the long-term impact of Fed rate hikes on Bitcoin and other crypto assets? Feel free to share your views
- Follow us for more real-time crypto market analysis
#Fed #RateHike #CryptoMarkets #Bitcoin #Whales
📊 | $BTC | $ETH | $BNB |
- Follow this site, like and comment to get the latest crypto market news 📈
- The Federal Open Market Committee (FOMC) voted 12-0 to raise the federal funds target range by 0.25 percentage points to 3.75%-4%
- This is the first rate hike since July 26, 2023, ending 1,148 days of stability and a period of rate cuts
- The rate hike magnitude is the same as the previous one, indicating the Fed is still fighting inflation
- The market response is steady, with no obvious volatility 🔥
- The rate hike may further suppress dollar-denominated assets, leading some crypto assets to pull back in the short term
- The market is likely to remain range-bound in the near term, with volatility staying at a moderate level
- Whale holdings have not changed much, suggesting institutional investors still have patience as rates rise
- Over the next two weeks, BTC and major altcoins are expected to continue to wait and see, and trading volume may dip slightly
- What do you think about the long-term impact of Fed rate hikes on Bitcoin and other crypto assets? Feel free to share your views
- Follow us for more real-time crypto market analysis
#Fed #RateHike #CryptoMarkets #Bitcoin #Whales