BTC, ADA, SHIB, XRP Turn Volatile as Fed Announces Massive Rate Hike
BitcoinBTC, ADA, SHIB, XRP में उतार-चढ़ाव आया क्योंकि फेड ने बड़े पैमाने पर दरों में वृद्धि की घोषणा की 11 04 2022 बिटकॉइन एथेरियम समाचार एलेक्स डोवबिन्या Federal Reserve officials have announced the fourth consecutive 75-basis point hike in order to tame persistent inflation अमेरिकी फेडरल रिजर्व officials raised the benchmark interest rate by 75 basis points for the fourth consecutive time, causing renewed volatility. The price of Bitcoin (BTC) plunged to an intraday low of $20,210 on the Bitstamp exchange at 18:00 UTC before moving sharply higher and reaching a new intraday high of $20,751. Cardano (ADA), XRP, Shiba Inu (SHIB), and other leading altcoins are performing in lockstep with the flagship cryptocurrency. RSI S P 500 and other benchmark stock market indices are also experiencing high volatility. With its most recent decision, which was taken unanimously, the Federal Open Market Committee has now moved the federal funds rate to the 3.75% to 4% range. It is worth noting that it was in a range of zero to 0.25% back in March.