Chart of The Day: Bitcoin Bounces Back After Fed’s 75-Basis-Point Rate Hike

Chart of the day: bitcoin bounces back after fed’s 75-basis-point rate hike

CoinDesk published this video item, entitled “Chart of The Day: Bitcoin Bounces Back After Fed’s 75-Basis-Point Rate Hike” – below is their description.

Bitcoin (BTC) slipped below $19,000 briefly, but then reversed losses following the Federal Reserve’s announcement of a third consecutive rate hike of 75 basis points. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

CoinDesk YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

Recent from CoinDesk:

Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy

Chart of the Day: Bitcoin Correlation to Risk-on and Risk-off Assets Rose in September

Crypto Italy: Has Yet to Vet a New Registry of 73 Crypto Firms

In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

4 Recent Items: Bitcoin

Chart of the Day: Bitcoin Correlation to Risk-on and Risk-off Assets Rose in September

U.S. dollar rises, bitcoin sinks, Tesla and Amazon stocks under pressure

Bitcoin Is Trading With the Markets Right Now ‘for Better or for Worse,’ Expert Says

‘Rektober’ or ‘Rocktober’ For Bitcoin Ahead?

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.