Bitcoin Breakout Elusive as Traders Price in 7 Fed Rate Hikes For 2022
Crypto News

Bitcoin Breakout Elusive as Traders Price in 7 Fed Rate Hikes For 2022

Bitcoin dropped and US stock futures nursed losses as interest rate derivative traders expect that the US Federal Reserve (Fed) could raise rates seven times this year and the tightening cycle would peak at a level higher than previously anticipated.

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