Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation – Miami Crypto Coin

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.