Crypto news today, will BTC and ethereum price drop more?
With the Merge resulting in a “buy the rumor, sell the news event,” Mike McGlone thinks that ETH might drop to “$1,000, or even get a bit lower” given how hawkish the Fed has been.
The United States Federal Reserve’s inflation “sledgehammer” is about to batter the prices of Bitcoin (BTC) and Ether (ETH) down even further, before reaching back to new all-time highs in 2025.
Ahead of the latest Fed interest rate hike to be announced this week, the market is expecting a minimum of a 75-basis-point increase, however some fear it could be as high as 100 basis points, which would represent the biggest rate hike in 40 years.
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🔴 Table of contents:
00:00 : intro
01:53 : crypto news today
10:20 : BTC ETH CRASH
11:45 : Bitcoin price prediction
13:10 : bitcoin Ethereum Candle Chart
19:40 : outro
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