Here's why a 0.75% Fed rate hike could be bullish for Bitcoin and altcoins

Here’s why a 0.75% Fed rate hike could be bullish for Bitcoin and altcoins

The S&P 500 and the Nasdaq Composite index posted their worst weekly performance since June as investors feared the Federal Reserve might need to continue its aggressive monetary policy to rein in inflation, which could lead to a recession in the United States. Bitcoin (BTC) remains closely correlated to the S&P 500 and is on …

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