Home » Business » Bitcoin Weekend Downtrend … Expected to rise to $ 68,000 despite rising interest rates Bitcoin Weekend Downtrend … Expected to rise to $ 68,000 despite rising interest rates September 25, 2022 by world today news photo-layout image photo_472568 float-center" data-idxno="472568" data-type="photo" style="max-width:600px"> –Bitcoin (source = Pixar Bay) – Bitcoin is falling. At 10:39 pm on the 25th, Bitcoin is trading at 27,161,000 wins, down 1.00% (283,000 wins). Bitcoin has been in trouble since the US Federal Reserve (Fed) announced its benchmark interest rate. At the Federal Open Market Committee (FOMC) meeting held on the 22nd, the Fed raised the benchmark interest rate by 0.75 percentage points, taking the third consecutive giant step. Fed chairman Jerome Powell said in a press conference shortly after the meeting that “the FOMC is committed to reducing inflation to 2% and will be strongly committed to achieving it.” MicroStrategy President Michael Sailor, a leading Bitcoin advocate in Silicon Valley, predicts Bitcoin will return $ 68,000 within four years. – Related posts:Teenagers sat in Itäkeskus who admitted the reality concerning the "harmless" conduct of younger ind...Austrian plastic manufacturer Greiner takes over (unsolicited) ... (Wetteren)State Councilor Teschl-Hofmeister and Mayor Stadler Open Free Money Education and Support Center in ...Local authorities classify the high level of debt in the city of Todtnau as justified - Todtnau The meteor is innocent of the extermination of the dinosaurs Kyle Larson proposes a radical change with indirect implications in the NASCAR playoffs Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: