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Fed Governor Waller Supports December Rate Hike as Bitcoin Drops Near $74K
(3 hours ago) · 1 source · Summarized by CryptoBipto
Federal Reserve Governor Christopher Waller has expressed support for a December interest rate increase. Bitcoin's price has declined toward $74,000 amid the hawkish signal from the Fed official.
WHY IT MATTERS
Central banks like the U.S. Federal Reserve set interest rates, which affect how expensive it is to borrow money.
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SOURCES
- thedefiant.io
RELATED
BTCFederal ReserveInterest RatesBitcoin PriceMonetary Policy