Blackrock Predicts More Rate Hikes, Possible Short-Term Volatility For Crypto – Crypto Insight

BlackRock Predicts More Rate Hikes, Possible Short-Term Volatility for Crypto – Crypto Insight

Finance The world’s largest asset manager, BlackRock, said Thursday it believes the US Federal Reserve would continue its campaign of future rate hikes, despite market expectations of a freeze. It could mean a volatile road lies ahead for digital assets in the short-term, based on prior performances throughout 2021 and 2022 and present-day announcements from…

First Mover Asia: Bitcoin Holds Near $25K As Investors Remain Upbeat About Inflation Data, Fed Rate Hikes – Crypto Insight

First Mover Asia: Bitcoin Holds Near $25K as Investors Remain Upbeat About Inflation Data, Fed Rate Hikes – Crypto Insight

Analytics Good morning. Here’s what’s happening:Prices: Bitcoin, ether and other major cryptos spent another day in the green after an encouraging inflation report and continued hopefulness for a less hawkish Fed.Insights: The crypto industry must mature to develop productive relationships with banks.PricesBitcoin Hovers Near $25K CoinDesk Market Index (CMI) 1,127 +24.6 ▲ 2.2% Bitcoin (BTC)…