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DOMAINS TOKEN-G

Ronald Maguire

04 May 2022 173 Read Crypto , Bitcoin , Altcoins

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How Cryptocurrency Market Will Respond to FED Rate Increase

The Federal Reserve is expected to raise interest rates by 50 basis points with the FOMC meeting. The meeting to be held today is of great importance not only for cryptocurrencies but also for all world markets. Already, both Bitcoin and Nasdaq have been following this interest rate hike announcement for a while. It is thought that there will be an increase in the prices of cryptocurrencies after the expected decision is made at the meeting.

Strong BTC Purchases After Fed Meetings

After almost all FED meetings, a strong bounce is occurring in BTC and altcoin prices.

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