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 Bitcoin proponents respond to New York Times’ BTC mining report April 10, 2023 Voyager Digital announces $75M strategic investment from Alameda Research October 28, 2021 Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests January 6, 2022