ETH Above $1,600 as Markets Begin to Anticipate Fed Rate Decision – Market Updates Bitcoin News

ETH Above $1,600 as Markets Begin to Anticipate Fed Rate Decision – Market Updates Bitcoin News

Ethereum was trading above $1,600 on Monday, as markets prepared for the latest U.S. Federal Reserve policy meeting. The Fed is expected to hike rates by 75 basis points this week, as inflation remains at historical highs. Bitcoin also rebounded, hovering marginally below $21,000 in today’s session.

Bitcoin

Bitcoin (BTC) remained closer to $21,000 on Monday, as markets rebounded from yesterday’s sell-off.

Following Sunday’s low of $20,461.72, BTC/USD surged to an intraday peak…


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