Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders – CoinDesk - Crypto Plugg

Breaking

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

CHOOSE YOUR CHOICE GIFT CARD OFFER TODAY

Tuesday, June 14, 2022

Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders – CoinDesk

This leaves traders fearing monetary tightening throughout the year with no break, as Atlanta Fed President Raphael Bostic suggested earlier this month, temporarily buoying crypto markets. Economists at Goldman Sachs (GS) now are forecasting 75 basis point rate hikes for both June and July, followed by a 50 basis point increase in September plus a 25 basis point hike in November and in December.



from WordPress https://ift.tt/eiBjhOE
via IFTTT

No comments:

Post a Comment