Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’

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Hodlers are getting fed up. Bitcoin dips below $43K as the Federal Reserve continues to tease rate hikes. (Reporting via WilliamSuberg)

showed BTC/USD acting in a slightly widened zone with $44,500 as a ceiling over the past 24 hours.

Expected to provide cues about potential interest rate hikes, the Federal Open Market Committee minutes from a meeting in late January ultimately provided few surprises. A hike could come in March, but no firm commitment was voiced over the process. The FOMC added that it was aiming to halt asset purchases altogether in March, in line with previous plans, with February’s purchases due to amount to at least $30 billion.

 

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WilliamSuberg Hodlers are not getting fed up!

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