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ECOMI, Aragon and Ramp breakout after Bitcoin price pushes above $49K
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Cryptocurrency prices and investor sentiment reversed course on Dec. 15 after Federal Reserve chairman Jerome Powell confirmed the bank's plan to hike interest rates in 2022 and slow down the bond purchasing program that had been in play since the emergence of the coronavirus in March 2020.
Following the announcement, Bitcoin (BTC) price tacked on a 1.65% gain, bringing the price above $49,000 and Ether trekked back above the $4,000 mark. Altcoins followed suit with their usual double-digit gains
Read more on cointelegraph.comAbout this in other media
Little forkers: BCH and BSV get crushed by Bitcoin price in 2021 cointelegraph.com /2 years ago
Bitcoin price flatlines as XRP hits $1 with ‘massive’ altcoin move set for 2022 cointelegraph.com /2 years ago
Don't expect retail sell-off to crash Bitcoin price — analyst cointelegraph.com /3 years ago
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