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Cryptocurrencies: 26585
Markets: 104250
Market Cap: $3,363,512,843,742     
24h Vol: $68,523,822,230
CoinDesk 2022-12-14 19:05:10

Bitcoin Falls as Federal Reserve Slows Rate Hikes But Stays Hawkish

Bitcoin Falls as Federal Reserve Slows Rate Hikes But Stays Hawkish
The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%.
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