Crypto Market Braces for Volatility as UBS Expects 2 More Fed Rate Hikes Ahead

The crypto market has gone through a topsy-turvy road recently, with most of the top players in the space witnessing massive selling pressure. Notably, this comes as the latest hotter-than-anticipated US inflation data has spooked traders and raised discussions over a hawkish stance by the US Fed ahead of its rate hike plans.