Bitcoin up 5% after Fed raises interest rates by half a percentage point

The Federal Reserve has confirmed that it will raise the federal funds rate by half a percentage point, the largest increase since 2000. Following weeks of uneasiness about the Federal Reserve’s decision in the United States, Bitcoin has surged to $40,000 (R 626k)— up 5% in 24 hours — in what could be a “sell[…]

Bitcoin retests $40K after stock market crash meets US Fed balance sheet bust

Bitcoin (BTC) was on its way to $40,000(R 625k) on April 22 after a huge reversal in stocks cut the bulls’ latest gain short.According to data from TradingView, BTC/USD was kept firmly under $41,000(R 640k) on April 22 following volatility during the most recent Wall Street trading session. On April 21, US markets reacted abruptly to “surging” Treasury[…]

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