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Bitcoin Up After Fed Rate Reveal, Correlation With Stocks Over?

Bitcoin has surged above the $29,000 mark following Fed interest rate hike of 25 bps, a sign that the asset may be decoupling from the stocks.

US Federal Reserve System increases base interest rate to 5 00-5 25% — regulator

The US Federal Reserve System acting as the national central bank has increased the base interest rate by 25 percentage point to the level of 5.00-5.25%, the Federal Open Market Committee (FOMC) said Wednesday after the meeting, Azernews reports citing TASS.

US Federal Reserve System increases base interest rate to 5 00-5 25% — regulator

US Federal Reserve System increases base interest rate to 5 00-5 25% — regulator
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