Bitcoin Breakout Elusive as Traders Price In 7 Fed Rate Hikes for 2022

Bitcoin Breakout Elusive as Traders Price In 7 Fed Rate Hikes for 2022

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Bitcoin dropped and U.S. stock futures nursed losses as interest rate derivative traders expect that the U.S. Federal Reserve (Fed) could raise rates seven times this year and the tightening cycle would peak at a level higher than previously anticipated.



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