Following the Fed’s interest rate hike announcement, the crypto market has made a positive rally, quite the opposite of what many expected. The Fed made an announcement recently that it hiked interest rates by 75 basis points to tackle soaring inflation. The inflation that touched 9.1% is considered to be the highest in the last 40 years.
The Fed’s decision to hike the interest rates is a follow-up of the soaring inflation and a possible upcoming recession.
The global crypto market,…
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