Grayscale: Fed Interest Rate Hikes to Have Minimal Impact on Bitcoin
Grayscale, the manager of major Bitcoin ETFs, stated that Bitcoin is unlikely to be significantly affected by Federal Reserve interest rate hikes. Despite a recent 0.25% rate increase by the U.S. central bank, Bitcoin maintained its price level near $76,000 before experiencing a subsequent rally.
Summaries are written by AI from the original article. Not investment advice.