Friday's low comes amid a broader market downturn for cryptocurrencies and financial markets. Bitcoin was trading at $19,173 at the time of writing on Monday, per data via Coinbase.the U.S. federal funds rate by 75 basis points, marking a 15-year high.
The decision to take the rate from 3% to 3.25% was expected, with the market pricing in a rise of 75 basis points ahead of time. However, markets sold off sharply on the news. Crypto markets have been tightly tracking equities as of late, as the correlation between the Nasdaq and bitcoin has reached its highest point since May.of 8.3% year-on-year.© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Adam Morgan is The Block's markets reporter.
I started trading with $5,000 & now I've earned up to $45,000 within 30 days. Follow Mr Austin_Crypt for his tweets on how to earn automatically without your funds depreciating or liquidated Link on his bio Austin_Crypt
*all-time high (not low)
'discount'
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