Bitcoin and Ethereum prices rallied Friday amidst the latest U.S. non-farm payrolls (NFP) report. Bitcoin Looks for A Happy Ending to 2022 Bitcoin seems to be on the right track despite the year the most popular cryptocurrency has had. BTC reached the $20,800 mark on October 30 and is moving toward this ceiling once again. […]
Tag: business & economy
November 4, 2022
November 3, 2022
Federal Reserve Spikes Interest Rates, Hard Recession Coming
The Federal Reserve approved a fourth consecutive 0.75-point interest rate spike–the highest level since 2008–on Wednesday in an effort to combat the inflation currently tormenting the US economy. This isn’t baffling by any means. Markets predicted this would happen weeks before the Federal Open Market Committee (FOMC) meeting on November 1-2. This decision brings the […]
November 2, 2022
Bitcoin Traders Await the Federal Reserve’s New Interest Rates
Bitcoin and ether were trading slightly lower Wednesday morning as crypto traders await the Federal Reserve’s decision. Over the past 24 hours, BTC’s price has fallen to $20,400–a decline of less than 1%. Despite this, investors don’t seem too worried. Bitcoin has been hovering below $20,500 for a week now. Still, traders have high hopes, […]
