Bitcoin 'nuke' warning as Fed rate hike decision looms — Dollar index hits 20-year high

by Aurelia Butler 21 September 2022, 20:20 129 Views

BTC’s price has managed to cling on to $19,000 with a modest daily gain of 1.33% . Meanwhile, the U.S. dollar index (DXY), which measures the greenback’s strength versus a pool of top foreign currencies, rose to 110.86, the highest level in 20 years.

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Source: Cryptocurrency - investing.com

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Bitcoin 'nuke' warning as Fed rate hike decision looms — Dollar index hits 20-year high

Fed raises rates by another three-quarters of a percentage point, pledges more hikes to fight inflation

Gulf central banks raise rates after Fed's third big hike in a row

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