Bitcoin With the price breaking through $64,000, the market generally expects the Federal Reserve to keep interest rates unchanged, but some institutions are warning of the risk of an unexpected rate hike.
Bitcoin It broke through the $64,000 mark during the Asian trading session, rising 1% on the day, while major cryptocurrencies such as Ethereum, and XRP also saw widespread gains. The market widely expects the Federal Reserve to keep interest rates unchanged at 3.50% to 3.75% at its meeting on Wednesday, marking the sixth consecutive pause in rate hikes.However, about 30% of traders expect a 25-basis-point rate hike, and institutions including Citadel Securities and UBS Group (UBS) have also pointed out the risk of an unexpected rate hike.
Source:CoinDesk · Source Link
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