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Bitcoin and Other Cryptos Slump As the Fed Gets Ready to Raise Interest Rates Again

Bitcoin and other cryptos slump as the Fed gets ready to raise interest rates again

Crypto markets are slipping as the two-day meeting of the Federal Reserve kicks off. Bitcoin suffered its biggest single-day percentage drop since FTX’s collapse on Monday. A blockchain exec broke down how crypto markets are thinking about this week’s expected rate hike. Crypto markets are trending downward as the Federal Reserve’s two-day policy meeting gets underway on Tuesday.








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