BTC/USD   $ 17300.0

|

ETH/USD   $ 1293.34

|

LTC/USD   $ 82.75

|

DASH/USD   $ 46.92

|

DOGE/USD   $ 0.1062

|

FIL/USD   $ 4.59

|

ADA/USD   $ 0.3266

|

USDT/USD   $ 1.00

|

SHIB/USD   $ 0.00000977

|

HOLO/USD   $ 0.002309

|

BTT/USD   $ 0.00000070

|

WINK/USD   $ 0.00008503

|

YFI/USD   $ 7343.47

|

PAXG/USD   $ 1793.22

|

MKR/USD   $ 647.25

|

BCH/USD   $ 115.21

|

WBTC/USD   $ 17262.4

|

COMP/USD   $ 38.53

|

AAVE/USD   $ 66.08

|

ZEC/USD   $ 46.88

|

ICP/USD   $ 4.54

|

TRB/USD   $ 13.78

|

ETC/USD   $ 19.90

|

NMR/USD   $ 11.69

|

BAL/USD   $ 6.32

|

LINK/USD   $ 7.52

|

REP/USD   $ 5.73

|

UNI/USD   $ 6.37

|

ATOM/USD   $ 10.51

|

UMA/USD   $ 1.73

|

SNX/USD   $ 1.83

|

SUSHI/USD   $ 1.39

|

BAND/USD   $ 2.12

|

EOS/USD   $ 0.9472

|

OMG/USD   $ 1.22

|

RLC/USD   $ 1.09

|

MIR/USD   $ 0.1341

|

BNT/USD   $ 0.3858

|

XTZ/USD   $ 1.03

|

CGLD/USD   $ 1.74

|

1INCH/USD   $ 0.5010

|

CRV/USD   $ 0.6817

|

KNC/USD   $ 0.6612

|

ENJ/USD   $ 0.3205

|

MATIC/USD   $ 0.9374

|

STORJ/USD   $ 0.3376

|

ZRX/USD   $ 0.1949

|

ALGO/USD   $ 0.2418

|

GRT/USD   $ 0.06508

|

OGN/USD   $ 0.1082

|

CTSI/USD   $ 0.1123

|

MANA/USD   $ 0.4216

|

BAT/USD   $ 0.2380

|

DAI/USD   $ 1.00

|

USDC/USD   $ 1.00

|

REN/USD   $ 0.09800

|

XLM/USD   $ 0.08834

|

NKN/USD   $ 0.08690

|

OXT/USD   $ 0.08420

|

LRC/USD   $ 0.2605

|

SKL/USD   $ 0.02770

|

CVC/USD   $ 0.1027

|

SAND/USD   $ 0.6177

|

NU/USD   $ 0.1060

|

GNT/USD   $ 0.00000001

|

DNT/USD   $ 0.02070

|

ANKR/USD   $ 0.02177

|

LOOM/USD   $ 0.04930

|

AMP/USD   $ 0.003560

|

MANY/USD   $ 0.2526

|

WTK/USD   $ 0.01390

|

POSI/USD   $ 0.1146

|

WINR/USD   $ 0.00003100

|

DEFT/USD   $ 0.00001498

|

ISA/USD   $ 0.0001070

|

RULER/USD   $ 0.09740

|

SPORE/USD   $ 0.6578

|

DEFLCT/USD   $ 0.5307

|

HVE/USD   $ 0.0005437

|

JCB/USD   $ 0.00004900

|

FWC/USD   $ 0.0000000001630

|

FDC/USD   $ 0.00000031

|

YETI/USD   $ 0.005100

|

SMR/USD   $ 0.05142

|

BTC/USD   $ 17300.0

ETH/USD   $ 1293.34

LTC/USD   $ 82.75

DASH/USD   $ 46.92

DOGE/USD   $ 0.1062

FIL/USD   $ 4.59

ADA/USD   $ 0.3266

USDT/USD   $ 1.00

SHIB/USD   $ 0.00000977

HOLO/USD   $ 0.002309

BTT/USD   $ 0.00000070

WINK/USD   $ 0.00008503

YFI/USD   $ 7343.47

PAXG/USD   $ 1793.22

MKR/USD   $ 647.25

BCH/USD   $ 115.21

WBTC/USD   $ 17262.4

COMP/USD   $ 38.53

AAVE/USD   $ 66.08

ZEC/USD   $ 46.88

ICP/USD   $ 4.54

TRB/USD   $ 13.78

ETC/USD   $ 19.90

NMR/USD   $ 11.69

BAL/USD   $ 6.32

LINK/USD   $ 7.52

REP/USD   $ 5.73

UNI/USD   $ 6.37

ATOM/USD   $ 10.51

UMA/USD   $ 1.73

SNX/USD   $ 1.83

SUSHI/USD   $ 1.39

BAND/USD   $ 2.12

EOS/USD   $ 0.9472

OMG/USD   $ 1.22

RLC/USD   $ 1.09

MIR/USD   $ 0.1341

BNT/USD   $ 0.3858

XTZ/USD   $ 1.03

CGLD/USD   $ 1.74

1INCH/USD   $ 0.5010

CRV/USD   $ 0.6817

KNC/USD   $ 0.6612

ENJ/USD   $ 0.3205

MATIC/USD   $ 0.9374

STORJ/USD   $ 0.3376

ZRX/USD   $ 0.1949

ALGO/USD   $ 0.2418

GRT/USD   $ 0.06508

OGN/USD   $ 0.1082

CTSI/USD   $ 0.1123

MANA/USD   $ 0.4216

BAT/USD   $ 0.2380

DAI/USD   $ 1.00

USDC/USD   $ 1.00

REN/USD   $ 0.09800

XLM/USD   $ 0.08834

NKN/USD   $ 0.08690

OXT/USD   $ 0.08420

LRC/USD   $ 0.2605

SKL/USD   $ 0.02770

CVC/USD   $ 0.1027

SAND/USD   $ 0.6177

NU/USD   $ 0.1060

GNT/USD   $ 0.00000001

DNT/USD   $ 0.02070

ANKR/USD   $ 0.02177

LOOM/USD   $ 0.04930

AMP/USD   $ 0.003560

MANY/USD   $ 0.2526

WTK/USD   $ 0.01390

POSI/USD   $ 0.1146

WINR/USD   $ 0.00003100

DEFT/USD   $ 0.00001498

ISA/USD   $ 0.0001070

RULER/USD   $ 0.09740

SPORE/USD   $ 0.6578

DEFLCT/USD   $ 0.5307

HVE/USD   $ 0.0005437

JCB/USD   $ 0.00004900

FWC/USD   $ 0.0000000001630

FDC/USD   $ 0.00000031

YETI/USD   $ 0.005100

SMR/USD   $ 0.05142

Bitcoin maintains $40K support as Fed confirms first rate hike in 4 years

  • News
  • Bitcoin maintains $40K support as Fed confirms first rate hike in 4 years

WILLIAM SUBERG   17 Mar, 2022   cointelegraph   Views: 556

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.

Fed singles out Ukraine war in inflation comments

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.

Asia markets keep gaining on China pledges

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.



All Comments (0)

No comment yet

Please login to leave a comment. Click here to Login.
Quick Links
Use Our System
Our Blockchain Services
About Us
Get In Touch

Copyright All Right Reserved - 2022

Terms Of Service | Privacy Policy | About Us

Designed & Developed by solutionsnics.com