BTC falls below $28,000, ETH under $1,800 following Fed rate hike.
The Fed opted to increase rates by 25 basis points as many had anticipated, and signal one more hike this year. Ethereum was also lower on the news, falling below $1,800.) dropped below $28,000 on Thursday, as markets continued to react to the latest Federal Reserve rate hike.
The Fed moved to increase rates by 25 basis points, whilst signaling that no cuts will be made this year.
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