Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation Post author:MiamiCrypto Post published:June 15, 2022 Post category:Bitcoin Price / BTC Markets / Cryptocurrencies / Federal Reserve / inflation / Interest rate / interest rates / Market Update / Markets BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years. You Might Also Like South Korean Hana Bank enters crypto custody business with BitGo September 5, 2023 ApeCoin Jumps 36% as Otherside Unveils Its Metaverse July 18, 2022 Panama’s president says he won’t sign crypto bill into law ’at this moment’ May 20, 2022