BTC/USD $ 20324.4
ETH/USD $ 1167.46
LTC/USD $ 49.90
DASH/USD $ 43.86
DOGE/USD $ 0.06819
FIL/USD $ 5.56
ADA/USD $ 0.4644
USDT/USD $ 0.9991
SHIB/USD $ 0.00001051
HOLO/USD $ 0.002713
BTT/USD $ 0.00000087
WINK/USD $ 0.0002230
YFI/USD $ 6217.11
PAXG/USD $ 1747.91
MKR/USD $ 981.03
BCH/USD $ 105.35
WBTC/USD $ 20285.0
COMP/USD $ 46.00
AAVE/USD $ 62.75
ZEC/USD $ 57.48
ICP/USD $ 5.60
TRB/USD $ 12.24
ETC/USD $ 15.15
NMR/USD $ 16.95
BAL/USD $ 4.88
LINK/USD $ 6.38
REP/USD $ 8.07
UNI/USD $ 5.32
ATOM/USD $ 8.78
UMA/USD $ 2.63
SNX/USD $ 2.61
SUSHI/USD $ 1.14
BAND/USD $ 1.38
EOS/USD $ 0.9941
OMG/USD $ 1.83
RLC/USD $ 1.01
MIR/USD $ 0.1839
BNT/USD $ 0.4892
XTZ/USD $ 1.54
CGLD/USD $ 3.94
1INCH/USD $ 0.6230
CRV/USD $ 0.9450
KNC/USD $ 1.36
ENJ/USD $ 0.5400
MATIC/USD $ 0.5155
STORJ/USD $ 0.7424
ZRX/USD $ 0.3031
ALGO/USD $ 0.3129
GRT/USD $ 0.1000
OGN/USD $ 0.2717
CTSI/USD $ 0.1519
MANA/USD $ 0.9107
BAT/USD $ 0.4453
DAI/USD $ 0.9995
USDC/USD $ 1.00
REN/USD $ 0.1297
XLM/USD $ 0.1094
NKN/USD $ 0.09060
OXT/USD $ 0.1058
LRC/USD $ 0.4067
SKL/USD $ 0.04700
CVC/USD $ 0.1415
SAND/USD $ 1.24
NU/USD $ 0.1644
GNT/USD $ 0.000000009991
DNT/USD $ 0.04720
ANKR/USD $ 0.02808
LOOM/USD $ 0.04492
AMP/USD $ 0.009110
MANY/USD $ 0.2280
WTK/USD $ 0.01728
POSI/USD $ 0.9991
WINR/USD $ 0.00003097
DEFT/USD $ 0.00001352
ISA/USD $ 0.0001069
RULER/USD $ 0.08981
SPORE/USD $ 0.6462
DEFLCT/USD $ 0.5021
HVE/USD $ 0.0007241
JCB/USD $ 0.00004896
FWC/USD $ 0.00000000004496
YETI/USD $ 0.02829
BTC/USD $ 20324.4
ETH/USD $ 1167.46
LTC/USD $ 49.90
DASH/USD $ 43.86
DOGE/USD $ 0.06819
FIL/USD $ 5.56
ADA/USD $ 0.4644
USDT/USD $ 0.9991
SHIB/USD $ 0.00001051
HOLO/USD $ 0.002713
BTT/USD $ 0.00000087
WINK/USD $ 0.0002230
YFI/USD $ 6217.11
PAXG/USD $ 1747.91
MKR/USD $ 981.03
BCH/USD $ 105.35
WBTC/USD $ 20285.0
COMP/USD $ 46.00
AAVE/USD $ 62.75
ZEC/USD $ 57.48
ICP/USD $ 5.60
TRB/USD $ 12.24
ETC/USD $ 15.15
NMR/USD $ 16.95
BAL/USD $ 4.88
LINK/USD $ 6.38
REP/USD $ 8.07
UNI/USD $ 5.32
ATOM/USD $ 8.78
UMA/USD $ 2.63
SNX/USD $ 2.61
SUSHI/USD $ 1.14
BAND/USD $ 1.38
EOS/USD $ 0.9941
OMG/USD $ 1.83
RLC/USD $ 1.01
MIR/USD $ 0.1839
BNT/USD $ 0.4892
XTZ/USD $ 1.54
CGLD/USD $ 3.94
1INCH/USD $ 0.6230
CRV/USD $ 0.9450
KNC/USD $ 1.36
ENJ/USD $ 0.5400
MATIC/USD $ 0.5155
STORJ/USD $ 0.7424
ZRX/USD $ 0.3031
ALGO/USD $ 0.3129
GRT/USD $ 0.1000
OGN/USD $ 0.2717
CTSI/USD $ 0.1519
MANA/USD $ 0.9107
BAT/USD $ 0.4453
DAI/USD $ 0.9995
USDC/USD $ 1.00
REN/USD $ 0.1297
XLM/USD $ 0.1094
NKN/USD $ 0.09060
OXT/USD $ 0.1058
LRC/USD $ 0.4067
SKL/USD $ 0.04700
CVC/USD $ 0.1415
SAND/USD $ 1.24
NU/USD $ 0.1644
GNT/USD $ 0.000000009991
DNT/USD $ 0.04720
ANKR/USD $ 0.02808
LOOM/USD $ 0.04492
AMP/USD $ 0.009110
MANY/USD $ 0.2280
WTK/USD $ 0.01728
POSI/USD $ 0.9991
WINR/USD $ 0.00003097
DEFT/USD $ 0.00001352
ISA/USD $ 0.0001069
RULER/USD $ 0.08981
SPORE/USD $ 0.6462
DEFLCT/USD $ 0.5021
HVE/USD $ 0.0007241
JCB/USD $ 0.00004896
FWC/USD $ 0.00000000004496
YETI/USD $ 0.02829
WILLIAM SUBERG 17 Mar, 2022 cointelegraph Views: 119
The Ukraine war is high on the Fed's list of concerns, according to a statement released with the 0.25% rate hike.
Bitcoin (BTC) held $40,000 on March 17 after an anticipated key interest rate hike from the Federal Reserve delivered a strong response.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to local highs of $41,500 after the Fed announced it would raise rates by 25 basis points to 0.5% — the first such move since 2018.
The Federal Open Market Committe (FOMC) voted almost unanimously for the raise, with an accompanying statement warning of persisting "upward pressure on inflation" thanks specifically to the war in Ukraine.
"The invasion of Ukraine by Russia is causing tremendous human and economic hardship," it read.
"The implications for the U.S. economy are highly uncertain, but in the near term the invasion and related events are likely to create additional upward pressure on inflation and weigh on economic activity."
Going forward, there would be further hikes, the FOMC continued, and the Fed would begin reducing its asset holdings in a bid to decrease its record high balance sheet.
"The Committee's assessments will take into account a wide range of information, including readings on public health, labor market conditions, inflation pressures and inflation expectations, and financial and international developments," the statement added about possible future changes to policy.
After its initial bullish reaction, Bitcoin consolidated higher overnight, still circling $41,000 at the time of writing.
"The good reaction of the markets here, in which it broke through $39.6K," he told Twitter followers on the day.
"Next will be the question of whether we can sweep the $42K high. That would open the gates towards the $46K barrier. Crucial to hold; $39.6K area for Bitcoin."
Those levels were already well established as rungs on the ladder spanning Bitcoin's 2022 trading range between $33,000 and $46,000, with an analyst this week arguing that only a move outside the top or bottom boundary would be significant.
On traditional markets, optimism also remained, with China fuelling a comeback for Asian equities with promises of favorable policy changes.
"Hang Sang Tech Index jumps 7.8% to extend recovery after Beijing capitulated to mkts," commentator Holger Zschaepitz summarized.
"Previously, China didn’t care if western investors couldn’t invest there. But it does need capital, & it doesn’t need collapse. So, on Wed word went out that China to be mkt-friendly."
Gold also looked promising, reversing some of its comedown from earlier highs above $2,000.
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