Breaking: US Fed Hikes Interest Rate By 25 Bps; Bitcoin Price Surges

Crypto News: In line with the market expectation, the US Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday delivered a 25 bps rate hike decision, taking the rates to the highest level in over 22 years. This brings the current target rate to the 525-550 bps range. The Fed noted that job gains have