CoinDesk: Bitcoin Falls as Federal Reserve Slows Rate Hikes; Inside SBFs First Bahamas Court Hearing
The U.S. Federal Reserve on Wednesday raised interest rates by 50 basis points (0.5 percentage point) as it continues to slow moderate price increases. Amberdata Director of Derivatives Greg Magadini shares his outlook on bitcoin (BTC) in the wake of the central bank's latest move. Plus, Jennifer J. Schulp from the Cato Institute shares her perspective as a witness at the Senate Banking Committee Hearing that examined FTX's downfall.
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