Get Mystery Box with random crypto!

Fed: “Rate Hikes”, Bitcoin: Crashes After Fed hinted that it | Coin Bureau Insider

Fed: “Rate Hikes”, Bitcoin: Crashes

After Fed hinted that it would accelerate interest rate hikes, U.S. stocks fell short-term, and Bitcoin plummeted.

The masses’ passion on Bitcoin investment is fading, and trading activities are sluggish. Data shows that after several consecutive declines, the trading volume on the exchanges on Tuesday was only at a concerning level of 4.8 billion U.S. dollars, a significant drop from the US$13.1 billion a year ago, and it is also well below the annual average of approximately US$9.2 billion.