The U.S. Federal Reserve is expected to raise the fed funds rate by 25bps to 4.75%-5% during the FOMC meeting on Wednesday. It will be the second consecutive 25bps rate hike, pushing borrowing costs to new highs since 2007. Traders anticipate a further increase in Bitcoin and Ethereum prices due to the banking crisis.
4 On-Chain Metrics Indicate Potential Correction In Bitcoin, Ethereum Price
coingape.com
22 March 2023 15:30, UTC
