- March 22, 2023
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Quick Take
- BTC is down 2.5% since the Federal Reserve raised interest rates by 25bps
- DXY is now trading at 102.5
- Gold performed exceptionally well, extending its rally by 1%
- Powell said, “we no longer expect that ongoing rate increases will be appropriate”.
- Fed Funds futures are pricing in no more rate hikes this year.
![Assets: (Source: Trading View)](https://cryptoslate.com/wp-content/uploads/2023/03/risk-on.png)
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