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FOMC Meeting Today: Fed Expected to Hike Rates 25 Bps – Will Bitcoin Drop Again?

Cracked Bitcoin coin falling in front of Federal Reserve building.

The post FOMC Meeting Today: Fed Expected to Hike Rates 25 Bps – Will Bitcoin Drop Again? appeared first on Coinpedia Fintech News

Crypto markets are already under pressure ahead of today’s FOMC meeting, with Bitcoin trading below $75,000. The Fed is widely expected to raise rates by 25 basis points, a move that is mostly priced in.  Now, traders are watching Chair Kevin Warsh’s comments for clues on future rate hikes and whether another wave of selling …

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