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Market Cap:
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Bitcoin Bitcoin Share: 59.84%
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CryptoGlobe
2022-01-07 23:50:00

The Fed’s Upcoming Rate Hikes Could Help Bitcoin ($BTC) Outperform Stocks in 2022: Bloomberg Analyst

The Fed’s Upcoming Rate Hikes Could Help Bitcoin ($BTC) Outperform Stocks in 2022: Bloomberg Analyst

Minutes from the Federal Reserve’s last meeting in December showed that officials discussed shrinking the central bank’s swollen $8.3 trillion balance sheet and raising interest rates sooner than expected. The central bank’s hawkish stance could help bitcoin outperform stocks this year. According to Bloomberg analyst Mike McGlone, who in the January edition of Bloomberg’s Crypto […]

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