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.

CoinDesk 20$2,109.962.24%Bitcoin$75,871.091.60%Ethereum$2,357.492.59%XRP$1.442.55%Solana$86.392.74%

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

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CoinDesk 20$2,109.962.24%Bitcoin$75,871.091.60%Ethereum$2,357.492.59%XRP$1.442.55%Solana$86.392.74%

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