Bitcoin inched up on 16 March after the Federal Reserve raised its policy rate by a quarter percentage point, the first rate hike since 2018, and signaled more to come.
The cryptocurrency has gained about 4.4% over the past 24 hours to about $41,325, according to CoinDesk data. Bitcoin has been consolidating in the range of $37,000 to $42,000 for the past week.
“The...
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