Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement -Breaking
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© Reuters. After the () price, the dominant sentiment in crypto markets was one of doom and despair. However, it changed to hope on January 25th.BTCThe stock market staged a brief rally in the middle of the day that saw most of Jan. 24’s losses recouped, allowing ), to briefly climb to $37500
Even with Jan. 25’s recovery, global markets remain in a state of flux, primarily due to uncertainty over the U.S. Federal Reserve’s plan to raise interest rates in the coming months, with the latest signal indicating that the In March, the first rate rise will take place.
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