Bitcoin exceeded $23,000 against the Fed's prognosis for mitigation

Bitcoin exceeded $23,000 against the Fed's prognosis for mitigation

Bitcoin rose by 2.9 percent in Asia on Thursday after the race by almost 9% on Wednesday, after US Federal Reserve management increased the federal lending interest rate by 75 basis points, but made it clear that the hake roll would slow down over time.

According to Bloomberg, Bitcoin traded at a price of $23090 on 13:25 in Singapore, and the alcoins grew even higher: Ethereum grew by 4.7%, Polkadot by 9.3%.

Linking the swaps to the Fed meeting dates indicates that companies are expecting a peak in the cost of lending at the end of the year and a drop in credit rates in 2023, which will provide an incentive to revive the cryptoval market, which has proven to be directly dependent on the global financial market situation.

- noted Edward Moya, senior American market analyst in Oanda.

However, not all experts share his optimism; many analysts continue to be skeptical that the US central bank can significantly soften its approach, given that inflation is the highest in recent years.

Among other factors that may affect the policy of cryptivates, experts refer to the likelihood of new bankruptcy among crypto-creditors and investors, as well as the tightening of market controls by regulators.