Why is the crypto market down today?

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KYLE WHITE
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Why is the crypto market down today? Mar 4, 2023 3:10:46 GMT

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Post by KYLE WHITE on Mar 4, 2023 3:10:46 GMT

Why is the crypto market down today?

The crypto market is down today as Bitcoin and altcoins corrected after Fed FOMC minutes hinted at further interest rate hikes if high inflation persists.

The crypto market is down today, as market volatility increased and investors digest the Federal Reserve’s minutes which indicate that interest rate hikes could extend for longer than most investors expect.

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