Bitcoin, DXY suffer the most following FOMC meeting

quick take

  • BTC is down 4% since the Federal Reserve hiked interest rates by 25bps.
  • DXY is currently trading at 102.5
  • Gold performed very well, gaining 1% gains
  • “We no longer expect continued rate hikes to be appropriate,” Powell said.
  • Federal Reserve futures are pricing in no further rate hikes this year.
Assets: (Source: Trading View)

Post Bitcoin, DXY suffers the most from the upcoming FOMC meeting, which first appeared on CryptoSlate.

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