Heavy Bitcoin Buying In Store Among Whales After Fed Rate Hike?

In the wake of double macro announcements, Fed interest rate hike and GDP figures, cryptocurrency market hardly had any impact. After the Fed announced a 0.75% interest rate increase on Wednesday, Bitcoin jumped around 4%. However, the GDP numbers had less impact with Bitcoin dropping less than 1% after the announcement. Negative GDP growth for the second consecutive time led to speculation of possibility of a recession situation.