BTC Heads Towards $40,000 Following FOMC – Market Updates Bitcoin News

BTC Heads Towards $40,000 Following FOMC – Market Updates Bitcoin News

Bitcoin moved closer to $40,000 during Thursday’s session, as traders continued to react to yesterday’s Fed rate hike. The FOMC opted to increase interest rates by 0.5% during May’s meeting, which is the largest hike in over twenty years.

Bitcoin

Bitcoin rose for a second consecutive session on Thursday, as bulls were buoyed by the Fed’s decision to increase interest rates.

Following yesterday’s surge, BTC/USD climbed even higher during today’s session, as it moved closer…


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