Crypto Market News Live Updates 23 February: Bitcoin and Ethereum rise after Fed releases the minutes
Crypto Market News Today Live Updates & Latest News: (23 Feb 2023): The minutes of the most recent Fed meeting were released following recent financial markets wagers on Fed tightening. To be more precise, most analysts had only expected two additional rate increases of 25 bps by the end January. Markets now suggest that there is a 27% chance that the Fed will raise interest rates by 50 basis points (to 5.25-5.5%) next month. Inflation is too high, but the US economy is still doing well. After the news, Bitcoin & Ethereum saw a surge of 1.44% & 1.51% to $24,541 et $1,671.
Crypto Market News Today Live Updates
The post Crypto Market News Live Updates 23 February: Bitcoin, Ethereum rises after Fed releases the minutes CoinGape was first to publish this article.