Name: Fed Hikes Rates by Half-Point; What That Means for Crypto
Uploaded: 2022-05-04T19:40:00.000Z
Duration: 4 min 54 s
Description: CoinDesk Markets Analyst Damanick Dantes shares his bitcoin price analysis as the crypto markets react to the first 50 basis-point interest rate hike since 2000. Dantes discusses statements made by Federal Reserve Chair Jerome Powell regarding the hawkish monetary policy, and bitcoin’s seasonal “sell in May” trend.

CD20$2,067.500.86%BTC$76,701.860.79%ETH$2,115.400.44%XRP$1.351.33%SOL$86.310.77%

Fed Hikes Rates by Half-Point; What That Means for Crypto | CoinDesk Videos

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CD20$2,067.500.86%BTC$76,701.860.79%ETH$2,115.400.44%XRP$1.351.33%SOL$86.310.77%

Fed Hikes Rates by Half-Point; What That Means for Crypto | CoinDesk Videos