The Federal Reserve has come up with plans to raise interest rates again after doing so three times this year.
The Nation's Central Bank is expected to lift the benchmark Fed funds rate by 0.75 according to CME Fed watch
The Fed have been raising these rates aggressively in a bid to beat inflation, with some expecting the economy to enter a recession. Despite the previous rate hikes, economists predict that this may not be the last rate hike for this year because inflation has hit a 9.1% since June and assets like the cryptocurrency have not been left behind.
Cryptocurrency have been dubbed the "cure-it all for what ails you" as it has helped to curb inflation, low interest rates, lack of purchasing power and what not. This was all when it was in it's high tho.
With the way rates are going up, is it advisable to buy and hodl or to apply DCA to buy at intervals as price keeps fluctuating? Fed rates hike link
Topic: Can BTC keep up with another Fed rates hike? - page 2. (Read 253 times)
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