News

Bitcoin absorbs Fed rate hike as officials see more tightening

Bitcoin showed little immediate reaction to the Fed’s first rate increase since 2023, but 16 of 18 officials expect at least one more hike before the end of the year.

· 1 min read · 97 words · via Cointelegraph

Read the original report

Wire briefing

Bitcoin showed little immediate reaction to the Fed’s first rate increase since 2023, but 16 of 18 officials expect at least one more hike before the end of the year.

Source: Cointelegraph. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

All news · Home

GetFreeBit earns a referral commission when you register via our verified partner links at no additional cost to you.