This week, the Federal Open Market Committee (FOMC) is due to meet again to decide on another round of interest rate hikes. Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) have increasingly buoyed or plunged due to several macroeconomic factors. One of the key drivers of cryptocurrency prices recently has been the interest rate policy of the U.S. Federal Reserve.
The Last Hike: The central bank of the United States last increased interest rates by 0.75% on June 15, which …
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