Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease

source: CoinDesk

2022. May. 04. 20:12

Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease Bitcoin (BTC) rose by as much as 5% over the past 24 hours, tracking moves in stocks, as the U.S. Federal Reserve eased concerns about slowing economic growth. Wednesday's rate hike was expected by market participants.