BTC/USD, Australian Dollar Dive as Chance for 75-BPS Fed Hike Spooks Market

Bitcoin prices collapsed overnight alongside US stocks as Federal Reserve rate hike bets started to price in a 75-bps rate hike. The intense risk-off move is likely to bleed over into today's APAC …

from DailyFX – Market News https://bit.ly/3O3NVGy
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S&P 500 Enters Bear Market Ahead of FOMC. How Will Stocks React to the Fed?

U.S. stocks plunge across the board at the start of the week on fears that the Fed will adopt a more aggressive tightening bias in light of recent developments on the inflation front.

from DailyFX – Market News https://bit.ly/3QopTbo
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