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A temperature check on crypto as market eyes end of rate hiking cycle
Posted on 07/28/2023
Key Takeaways The Federal Reserve increased interest rates 0.25% Wednesday, but the market is anticipating the hiking cycle is coming to a close Optimism is flowing in crypto markets, which saw crushing losses in 2022 as rates rose swiftly While the Fed has said it no longer forecasts a recession, this could be a double-edged […]
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