After a brief bullish run and recovery on Thursday, Bitcoin and Ethereum prices continue to struggle with support. This week’s 0.75% Fed interest rate hikes created significant bearish momentum for global and crypto markets. It’s not surprising that crypto markets show little improvement this Friday as stocks opened in the red, with the Dow Jones down 1.45%, S&P 500 down 1.68%, and the NASDAQ declining by 1.13% in the first few hours since opening. Let’s look at relevant Bitcoin, Ethereum, and global market news affecting prices this Friday. Key Points: Bitcoin and Ethereum continue to struggle with support after a
The post BTC and ETH Prices Struggle as Fed Interest Rate Hikes Obliterate Global Markets appeared first on The Merkle News.
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