Fed Hikes Rates by Half-Point; What That Means for Crypto

Name: Fed Hikes Rates by Half-Point; What That Means for Crypto
Uploaded: 2022-05-04T20:30:05Z
Duration: 4 min 294 s
Description: CoinDesk Markets Analyst Damanick Dantes shares his bitcoin price analysis as the crypto markets react to the first 50 basis-point interest rate hike since 2000. Dantes discusses statements made by Federal Reserve Chair Jerome Powell regarding the hawkish monetary policy, and bitcoin’s seasonal “sell in May” trend.

May 4, 2022

CoinDesk Markets Analyst Damanick Dantes shares his bitcoin price analysis as the crypto markets react to the first 50 basis-point interest rate hike since 2000.

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