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4 On-Chain Metrics Indicate Potential Correction In Bitcoin, Ethereum Price
By Varinder Singh at 2025-01-02 09:51
Sentiment: Negative
The U.S. Federal Reserve is expected to raise the fed funds rate by 25bps to 4.75%-5% during the FOMC meeting on Wednesday. It will be the second consecutive 25bps rate hike, pushing borrowing costs to new highs since 2007. Traders anticipate a further increase in Bitcoin and Ethereum prices due to the banking crisis. Billionaires The post 4 On-Chain Metrics Indicate Potential Correction In Bitcoin, Ethereum Price appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Altcoin News #Bitcoin News #Bitcoin #bitcoin price #ethereum #Ethereum price
Source CoinGape