CoinDesk: Fed Hikes Rates by Half-Point; What That Means for Crypto

  • Thursday, 05 May 2022 16:00
CoinDesk Markets Analyst Damanick Dantes shares his bitcoin price analysis as the crypto markets react to the first 50 basis-point interest rate hike since 2000. Dantes discusses statements made by Federal Reserve Chair Jerome Powell regarding the hawkish monetary policy, and bitcoin’s seasonal “sell in May” trend.

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