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As the Federal Reserve meeting approaches, BTC and ETH rebounded on Wednesday
Bitcoin rebounded from Tuesday's decline as all the focus of the market shifted to today's Federal Reserve interest rate decision. The market generally expects the Federal Reserve to raise interest rates by 25 basis points at its May meeting
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What happened? After hitting a new low in 10 months, Bitcoin has risen above the $31000 mark. The Federal Reserve claims that significant inflation and interest rate hikes pose financial risks
Edited by: Bi LumingWithin an hour, Bitcoin staged a trend of long short to recover and cut. At around 8:00 am Beijing time on the 10th, Bitcoin fell below the $30000 mark, breaking a new 10 month low and falling more than $10000 from the highest point since the Federal Reserve raised interest rates on May 5th
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Bitcoin has fallen below $24000! Is the Federal Reserve raising interest rates the main reason for the sharp drop in virtual currency prices again?
Virtual currencies represented by Bitcoin and Ethereum themselves belong to risk assets. Against the backdrop of the Federal Reserve's interest rate hike, the appreciation of the US dollar has increased the pressure on the depreciation of risk assets