The post Why Bitcoin and Overall Cryptocurrency Market is Down Today ? appeared first on Coinpedia Fintech News
Following the Federal Open Market Committee (FOMC) meeting on Wednesday, the price of bitcoin and the rest of the cryptocurrency market experienced a downward trend. On December 14, the Federal Reserve (FED) announced that the federal funds rate would rise by 50 basis points (bps). The announcement caused the prices to soar, and BTC increased …

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