View full page at cryptocraft.com

 

Crypto Market Daily Highlights – ETH Sink in Fed Sell-Off

From fxempire.com

It is a bearish Wednesday session for the crypto top ten. ETH and XRP lead the crypto top ten into the red as investors responded to the Fed policy decision, projections, and Powell’s press conference. BTC fell short of $20,000 for a third consecutive session. The Federal Reserve sent riskier assets into negative territory, with a 75-basis point rate hike and the talk of more to come. Downward revisions to growth forecasts and upward revisions to inflation and median interest rates for 2022 and 2023 were also crypto market negative. On Wednesday, the NASDAQ 100 slid by 1.79%, with the (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis