As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K cryptomarketbag

The largest cryptocurrency by market cap was recently trading at around $19,350, up about 5% over the past 24 hours. BTC fell below $18,400 on Wednesday afternoon (UTC), following the Fed’s 75 basis points increase, its lowest level since early June, but crypto investors began to bounce back in the early hours of Thursday .



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