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Just In: US Dollar Shows Signs Of Weakness, Time For A Crypto Bull Run?

Just In: US Dollar Shows Signs Of Weakness, Time For A Crypto Bull Run?


CoinGape
2022-07-27 19:43:42

Following the Fed’s interest rate hike announcement on Wednesday, the dollar fell sharply by 0.72% while Bitcoin rose 4.22%. On widely expected lines, the Fed hiked interest rate by 75 basis points. The Federal Open Market Committee said gains in labor market have been robust recently. It added that the unemployment rate remained low. Reacting The post Just In: US Dollar Shows Signs Of Weakness, Time For A Crypto Bull Run? appeared first on CoinGape.


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