Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Crypto Rises Following Fed Rate Hike
Description
The price of Bitcoin and ether rose on Thursday following the Fed’s interest rate hike. The price of bitcoin rose 4.6 percent to $28,418.61, and ether rose 4.9 percent to $1,822.70. Analysts will be watching bitcoin’s second weekly close above $25,200 to predict where the cryptocurrency next move. The three major stock indexes closed higher on Thursday following Wednesday’s sell-off. On Wednesday, the central bank raised interest rates by a quarter point and signaled that its policy of rate hikes was coming to an end. The announcement boosted investor confidence that inflation was cooling.
More from User
00:55
Apple Hikes Incoming
Benzinga
00:58
Trump Settles Niece Lawsuit
Benzinga
00:58
House Eyes Airline Rules
Benzinga
00:57
Intel-Apple Deal
Benzinga
00:50
Senate Targets Buybacks
Benzinga
00:58
CarMax Stock Sinks
Benzinga
Related Videos
06:43
Major banks announce rate rises following reserve bank's decision to hike interest rates.
ABC NEWS (Australia)
01:05
The Crypto Mile weekly update: Coinbase SEC probe and crypto rally after Fed Rate hike
Yahoo UK
01:19
Canada's inflation rate rises to 3.3%|inflation rate in Canada|inflation hikes jumps to 3.3 percent
Comedy ,music and entertainment
00:31
Odds Of Fed Rate Cut In December Rise, With 'Skip' In January, Following 0.25% Rate Cut
Benzinga
00:55
Fed Rate Hikes Startle Crypto Market
Benzinga
01:11
Bitcoin poised for breakout ahead of Fed rate meeting - The Crypto Mile Weekly Update
Yahoo UK