US President Joe Biden’s decision to refuse to admit that the country has officially entered into a recession pushed the crypto market upwards once more. As a result, bitcoin, ether, and many other assets tapped multi-week highs.
The crypto market is known for its volatility, and bitcoin proved that in the past week or so. On July 20, the asset stood above $24,000, which was a local peak but dropped by almost $4,000 in the following days to a weekly low of $20,700 on July 26.the latest interest rate hike. Volatility indeed came, but, unlike the previous times, BTC headed north.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate – Market Updates Bitcoin NewsCrypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. Earning starts from somewhere Making money through Bitcoin is a huge financial freedom Investing in Bitcoin, which no one can control is the best thing to do not even the government Don't go too further to get educated and earning Follow Chrissdiazn for good mentorship And now lower like a yo-yo Bubble is about to burst
Source: BTCTN - 🏆 531. / 51 Read more »
Bitcoin Reclaims $21K Ahead of FOMC Interest Rate Announcement (Market Watch)Bitcoin is up by several hundred dollars ahead of the anticipated FOMC meeting, in which the Fed could raise interest rates by 75 basis points.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Crypto Markets Add $100 Billion Following the Fed's 75 BPS Rate Hike (Market Watch)The crypto market cap has added around $100 billion in a day as the US Fed raised the interest rates aggressively.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Bitcoin's 9% Price Increase and Ethereum's Return $1,600 Are Misleading: Crypto Market Review, July 28Fake rally or the end of the downtrend? The crypto market's bizarre reaction leaves investors puzzled
Source: Utoday_en - 🏆 295. / 63 Read more »