
The crypto markets continue to struggle as we enter the last month of 2022. The global cryptocurrency market cap is still below the $900 billion mark, and Bitcoin (BTC) continues to hover just above the $16k level. The most likely reason could be the impending speech by FED chair Jerome Powell on the US economic outlook and the job market. Moreover, there is a high probability of a 50 basis point interest rate hike in December. However, the interest rate hike is lower than the previous ones afte