Bitcoin Traders Eye Fed’s Powell as FOMC Hikes Rates to 22-Year Highs

– The Bitcoin price has not experienced significant volatility despite the Federal Reserve’s decision to raise interest rates.

– The market is eagerly awaiting comments from Fed Chair Jerome Powell, as his remarks could potentially impact Bitcoin’s price.

– The lack of volatility in Bitcoin’s price suggests that investors are currently adopting a wait-and-see approach.

Summary:

Despite the Federal Reserve’s decision to hike interest rates, the Bitcoin price has remained relatively stable, indicating a lack of significant volatility. Investors are eagerly anticipating comments from Fed Chair Jerome Powell, as his remarks could potentially influence Bitcoin’s price. The current market situation suggests that investors are adopting a cautious approach and waiting for more clarity before making any significant moves.