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coinpedia 2023-02-23 07:27:52

FOMC Minutes Fueled DXY Index-Warning Bell For Bitcoin Price?

The post FOMC Minutes Fueled DXY Index-Warning Bell For Bitcoin Price? appeared first on Coinpedia Fintech News Crypto markets are consolidating following the Fed meeting, during which a 25 basis point increase was implemented to reduce inflation rates. The decision to raise interest rates from 4.5% to 4.75% was taken during the Federal Open Market Committee (FOMC), which was announced in a press conference by Fed Chair Jerome Powell. However, the US …

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