Federal Reserve Monetary Policy/
Federal Reserve issues FOMC statement
The Federal Open Market Committee raised the federal funds rate by 25 basis points to a range of 3.75% to 4%, citing elevated inflation and a desire to return to its 2% target.
high impactbearishBTCETH
Read the original report at Federal Reserve Monetary PolicyWhy It Matters
Interest rate hikes generally increase the cost of capital, which often reduces liquidity for risk-on assets like cryptocurrencies.