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Fed Hikes Rates for the First Time Since 2023, Bitcoin Spikes

Published Source: DecryptRead original

Crypto Insight Summary: The Federal Reserve delivered the hike Wall Street had almost unanimously priced in. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike was expected, causing temporary volatility but no lasting impact on crypto.

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Fed Hikes Rates for the First Time Since 2023, Bitcoin Spikes — Crypto Insight