Sell The Rumor Buy the News, Bitcoin Gives 5% Upside After Fed Meeting

Sell The Rumor Buy the News, Bitcoin Gives 5% Upside After Fed Meeting

On Wednesday, May 4, the U.S. Federal Reserve announced an interest rate hike by 50 basis points in order to control the soaring inflation. The announcement was quite on the expected lines and the U.S. equity market as well as the crypto market rallied soon after. The Bitcoin (BTC) price…
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Source: CoinGape
Posted: 21 minutes ago