Crypto Market Liquidity Dries Up as Fed Resumes Rate Hike
bitcoinglobalmacro.substack.com
Surprise, surprise! The US Federal Reserve remarked in a press release this week its intention to raise the interest rate benchmark by 25 basis points, resulting in a new target range of between 5.25% and 5.5%. Markets had already anticipated the move and as such, there was little volatility in both equities and the crypto market.
Crypto Market Liquidity Dries Up as Fed Resumes Rate Hike
Crypto Market Liquidity Dries Up as Fed…
Crypto Market Liquidity Dries Up as Fed Resumes Rate Hike
Surprise, surprise! The US Federal Reserve remarked in a press release this week its intention to raise the interest rate benchmark by 25 basis points, resulting in a new target range of between 5.25% and 5.5%. Markets had already anticipated the move and as such, there was little volatility in both equities and the crypto market.