The Federal Reserve announced today that it will continue with its aggressive monetary policy to fight inflation, and both crypto and traditional markets are so far reacting positively to the news. Bitcoin, the largest cryptocurrency by market cap, was trading at $20,650 at the time of writing, according to CoinGecko data, a modest 1% 24-hour increase. While Ethereum, the second-biggest cryptocurrency by market cap, was up 1.3%, priced at around $1,600. On news of the Fed’s announcement, stocks also climbed. Wall Street trading was yesterday shaky on news that the labor ma ...
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