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Market Cap:
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Cryptocurrencies: 24296
Bitcoin Bitcoin Share: 60.98%
Markets: 101268
CoinGape
2022-10-27 13:39:48

Bitcoin, Ethereum Price Soars Amid ECB Rate Hike And US GDP Report

Bitcoin, Ethereum Price Soars Amid ECB Rate Hike And US GDP Report

On Thursday, European Central Bank (ECB) raised interest rates by another 75 bps. The ECB expects to raise interest rates further to hit the medium-term inflation target of 2%. Volatility increased in the crypto market as the U.S. Dollar Index (DXY) jumped higher, but subdued later. The largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) price The post Bitcoin, Ethereum Price Soars Amid ECB Rate Hike And US GDP Report appeared first on CoinGape.

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