menu search

Fed has Paused the BTC Rebound

Fed has Paused the BTC Rebound

Market picture

Bitcoin updated five-week highs above $18,300 on Wednesday but then fell along with stock indices amid the Fed's intention to raise rates higher and hold them longer than markets had hoped.

The market reaction to the Fed brought the price back to levels before the lift-off but did not trigger a sustained decline yet. Bitcoin failed to close the day above its 50-day moving average but continues to hover around that curve. A consoli... Read More

Posted: Dec 15 2022, 11:10
Author Name: forexlive
Views: 110777

Search within

Pages Search Results: