Thursday (24/11/2022) at 10.00 WIB, the price of
Bitcoin (BTC) has strengthened 0.41 percent over the past week and strengthened 1.18 percent in the last 24 hours to a level of US $ 16,701. Meanwhile, the highest market cap altcoin, Ethereum (ETH) is still down 0.94 percent in the last 7 days, but managed to gain 3.46 percent in the last 24 hours.
The market responded negatively to this statement. Following other statements, James Bullard suggested that the Fed may need to raise interest rates until the Federal Funds Rate (FFR) is in the range of 5-7 percent to reduce inflation. Apart from the issue of stagnant inflation, the crypto market last week after passing the case from the FTX platform, there were other follow-up cases. “Coming from Genesis Global Trading, or better known as Genesis Global Capital, which has temporarily suspended its withdrawals and loans. This was previously revealed by Genesis, their derivative unit had around US$175 million in FTX,” he explained, quoted Thursday (24/11/2022).
ReadMore »»