Bitcoin gains after Fed decision amid banking sector turbulence – Cryptocurrency News
Posted on May 5, 2023 at 11:53 am GMTThis was another volatile week for Bitcoin and most major altcoins as the US banking sector came under renewed stress, while investors digested the Fed’s latest interest rate decision. Even though cryptos initially lost some ground after First Republic Bank’s collapse, they quickly recouped their losses and added more gains on the back of some dovish commentary in the latest FOMC meeting. Will cryptos manage to storm to fresh highs? Fed aftermath Βitcoin has been rising after the latest US monetary [..]