Breaking: Crypto Bounces As The Fed Agrees On A 75 BPS Hike

The Federal Reserve has reached its decision on the next interest rate hike. The Federal Open Market Committee agreed to a 75 bps interest rate hike with a 12-0 unanimous vote. Both Bitcoin and Ethereum, along with the rest of the crypto market, fell after the announcement of this Fed hike. However, since the hike is likely already priced-in, the market has bounced since.