Why is the crypto market up today? By Cointelegraph
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Why is the crypto market up today?The crypto market is up today and (BTC), (ETH) and numerous altcoins all rallied after United States Federal Reserve Chairman Jerome Powell suggested that December could see the start of smaller-sized interest rate hikes.
Crypto and equities markets responded positively to Powell’s Brookings Institute speech in which he mentioned promising developments with inflation leading to softer rate hikes.
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Why is the crypto market up today?The crypto market is up today and (BTC), (ETH) and numerous altcoins all rallied after United States Federal Reserve Chairman Jerome Powell suggested that December could see the start of smaller-sized interest rate hikes.
Crypto and equities markets responded positively to Powell’s Brookings Institute speech in which he mentioned promising developments with inflation leading to softer rate hikes.
Continue Reading on Coin Telegraph
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