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 Filecoin storage utilization surpasses 7% in Q2: Report July 14, 2023 3 ways crypto derivatives could evolve and impact the market in 2023 January 1, 2023 Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap July 3, 2024