Reserve

FOMC

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<ul class="news-points"> 
 <li><strong>The Federal Reserve raised interest rates in the U.S. again during the last FOMC meeting.</strong></li> 
 <li><strong>The banking regulator increased interest rates by another 25%, the highest level since 2001.</strong></li> 
 <li><strong>Social engagement among Bitcoiners grew following the interest rate hike announcement.</strong></li> 
</ul> 
<p>The Federal Reserve raised interest rates in the U.S. again during the last Federal Open Market Committee (FOMC) meeting. According to reports, the banking regulator increased interest rates by another 25%, hiking it to the highest level since 2001. This action generated social reactions that Santiment, the market intelligence platform with social metrics, believes could significantly impact the market.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b8.png" alt="💸" class="wp-smiley" style="height: 1em; max-height: 1em;"> The <a href="https://twitter.com/hashtag/FOMC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FOMC</a> has just hiked US rates to their highest since 2001, following another 25 bps rise. Social reaction will play a major role in how <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#crypto</a> markets react. Early indications are this may be a <a href="https://twitter.com/hashtag/selltherumor?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#selltherumor</a>, <a href="https://twitter.com/hashtag/buythenews?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#buythenews</a> based on positive prices. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/13GzbLV8qg" target="_blank" rel="noopener noreferrer nofollow">https://t.co/13GzbLV8qg</a> <a href="https://t.co/7gSja23htj" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/7gSja23htj</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1684275292377075712?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 26, 2023</a> 
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</figure> 
<p>According to Santiment, early indications suggest the outcome of the latest FOMC interest rates figures may be a “sell the rumor, buy the news”, …</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/fed-interest-rate-hike-confirmed-will-btc-bounce-back/">Fed Interest Rate Hike Confirmed: Will BTC Bounce Back?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Fed Interest Rate Hike Confirmed: Will BTC Bounce Back?

Coin Edition

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