Fed Hike Triggers Crypto Uncertainty: BOJ Tightens Policy
The US Federal Reserve and the Bank of Japan have raised interest rates, creating uncertainty for crypto markets. The Fed increased its rate by 25 basis points to 3.75%-4%, while the BOJ tightened policy. This move has put pressure on Bitcoin and other major cryptocurrencies.
Indian investors are particularly affected as changes in global liquidity and the value of the dollar, yen, and rupee can impact crypto prices. The market is experiencing increased uncertainty due to these central bank moves.