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(sergeitokmakov/Pixabay)
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The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase.
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DeFi giant Maker’s MKR token surged nearly 19. Equities turned mixed amid ongoing investor worries about inflation.
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There are over 20,000 cryptocurrencies in existence. But if history is our guide, only a handful of them will drive the majority of wealth creation.
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How do you decide if BTC is under- or overvalued?
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Bitcoin and ether have outperformed equities this year. The FOMC’s decision on interest rates looms large over markets.
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Bitcoin was hovering near $21,100 Thursday in afternoon trading. Investors have priced in Genesis’ looming bankruptcy filing and the crypto industry’s other recent travails, one analyst said.
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