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Fed Increased Rates, Why is The Crypto Market Up?

Published Source: BeInCryptoRead original

Crypto Insight Summary: The Fed's first rate hike since 2023 was widely expected. Here's why Bitcoin climbed instead of selling off. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Rate hike was priced in, investors see crypto as inflation hedge.

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Fed Increased Rates, Why is The Crypto Market Up? — Crypto Insight