US Fed Meet News Live Updates: Bitcoin (BTC) To Reach 25K or 21K?

Quick Summary:

US Fed Meet News: In the backdrop of an encouraging price recovery for cryptocurrencies in January, the Fed’s committee is set to announce its interest rate decision.

The market is expecting a 25 bps rate hike in February, following a 50 bps rise in December 2022.

This is considering the Fed’s larger goal of bringing down inflation to the 2% target.

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Article Details

Author / Journalist: Anvesh Reddy

Category: Crypto

Markets: India

Topics: News Crypto Live News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-01 @ 10:12:51 (1 months ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 170 words

Reading Time: 1 minutes read

Sentences: 20 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 5043562

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