Why Are the Crypto Markets Falling Today After Rallying For A Week?

The Federal Reserve hiked interest rates at 75 BPS on Wednesday for four consecutive times this year. The interest rates have reached 4% and Goldman Sachs reported that the Feds will raise interest rates to 5%. The Feds remain hawkish to tame rising inflation as Jerome Powell said there was a “need for ongoing rate increases”. Both the stock and crypto markets reacted to the interest rate hikes and are in the red on Wednesday.
Why Are The Crypto Markets Falling Today?
The crypto markets are back
By Shubhk

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