Daily News | Crypto Traders Anxious as Wall Street Plummets and Bitcoin Reacts to FOMC Interest Rate Increase
Author:Gate.io Researcher: Peter L.
23 March 09:37
Federal Reserve_s quarter-point rate increase caused anxiety among traders, with Bitcoin dropping below $27,000, but analysts suggest it may still benefit as a leading risk-on asset in a banking crisis. Short-term and long-term holders and stablecoin supply will influence its future direction.