CryptAdvice

Fed holds rates at 3.75–4.00 %, two members wanted a hike

The US central bank left its benchmark rate unchanged; in the 10–2 vote, two members favoured a further quarter-point increase.

Source: Federal Reserve, FOMC statement –

Notre avis personnel: When US interest rates are high, investors prefer to keep their money in safe dollars rather than in crypto. Two policymakers would even raise rates – if that happens in December, it usually weighs on crypto prices.

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