Month: September 2022

Federal Reserve Makes 5th Consecutive Rate Hike Sending Markets Lower

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Following a unanimous vote, the Federal Reserve decided to hike interest rates by 75 basis points marking the fifth consecutive time rates have been raised and the third by this amount. This announcement from Chairman Jerome Powell Wednesday was a widely anticipated rate hike in response to hawkish inflation. This decision to hike rates again …

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Market Wrap BTC, ETH, XRP, BNB, SOL | Opensea Launch New Marketplace

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Global cryptocurrency prices are once again in the red this morning, with the worldwide crypto market cap down by 2.38%, falling to $938.18 billion. In addition, the total cryptocurrency market volume is down 9.97% from Tuesday’s levels, currently standing at $66.60 billion. Extreme volatility has been plaguing the market since the beginning of the year. …

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