U.S. stocks shed gains Wednesday after the Federal Reserve delivered its first interest-rate hike under Jerome Powell and signaled the continuation of policy tightening throughout the year. On the cryptocurrency front, markets stabilized after a volatile five-day stretch, with bitcoin holding near $8,900. Fed Stays the Course The Federal Reserve raised its benchmark interest rate […]
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source https://cryptocurrencyonline.co/market-update-stock-rally-fizzles-on-hawkish-fed-cryptos-stabilize-after-monday-surge/
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