.federalreserve didn't surprise the market with a 100-basis-point hike
, rate expectations jumped significantly due to recent inflation data. The prices of major cryptocurrencies slumped significantly lower after Nomura Securities predicted that the Fed would opt for a 100-basis-point rate hike.
The Fed has been aggressively lifting interest rates for several months, putting plenty of pressure on risk assets.Bitcoin continues to trade under the $20,000 after bulls lost stream last week. The cryptocurrency remains down roughly 72% from its all-time high., Galaxy Digital boss Mike Novogratz recently predicted that Bitcoin would win in the long run if the Federal Reserve were to go back to monetary easing.
The Fed’s hawkishness is believed to be the key reason why Bitcoin and other risk assets are severely underperforming this year together with other risk assets.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Wall Street drops 1% with focus on Fed By Reuters⚠️BREAKING: *U.S. STOCKS TUMBLE AS WALL STREET BRACES FOR SUPERSIZED FED RATE HIKE - 🇺🇸 🇺🇸
Leer más »
4 things to watch when the Fed delivers its rate-hike decisionHere's what leading Fed watchers are looking for on Wednesday when the Fed announces its rate decision at 2 p.m. Eastern.
Leer más »
Dollar Soars as Putin Ramps Up Tensions; Fed Meeting Looms By Investing.com⚠️BREAKING: *U.S. DOLLAR SOARS TO NEW 20-YEAR HIGH AS PUTIN RAMPS UP TENSIONS AHEAD OF FED -
Leer más »
The Fed is declaring war on inflation. It could lead straight to recession.Jerome Powell has pledged to do whatever it takes to curb inflation, a point that he’ll punctuate on Wednesday when the central bank raises interest rates for the fifth time this year
Leer más »
US stocks rise ahead of expected interest rate hike by FedStocks closed higher on Wall Street after swaying between small gains and losses much of the day as investors brace for another big interest rate increase this week from the Federal Reserve.
Leer más »
Gold Price Forecast: XAU/USD bears move in as the focus stays with the FedThe gold price came under some pressure at the start of the week, down some 0.20% after falling from a high of $1679 to a low of $1,659 on the day and
Leer más »