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Cryptocurrencies: 28944
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Cryptocurrencies: 28944
Markets: 114109
Market Cap: $2,694,998,261,061     
24h Vol: $106,566,831,421
Bitcoinist 2022-12-15 11:00:13

Rally For Bitcoin Stalled? Economists Don’t Believe Powell’s Hawkish Claims

Rally For Bitcoin Stalled? Economists Don’t Believe Powell’s Hawkish Claims
Yesterday’s Federal Reserve (FED) FOMC meeting turned out to be more hawkish than many Bitcoin investors and the financial market expected. As anticipated, the FED raised interest rates by 0.5 percentage points on Wednesday. This brings the interest rate to a range of 4.25-4.5%, the highest level in 15 years. However, overall, central bankers expect
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