BTC Plunges Over 10%, S&P 500 Sinks Amid Fed’s Interest Rate Hike
After a short-lived spike in response to the Federal Reserve’s 50 basis-point interest rate hike, bitcoin dropped over 10% to its biggest one-day decline in two months.
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May 5, 2022 at 8:25 p.m. UTC
May 5, 2022