Bitcoin Surges Above $29K Amid Fed Rate Hike and Predictions from Experts.
TL;DR Summary
Bitcoin breaks above $29,000 after the US Federal Reserve's interest rate hike, with analysts speculating on a strong break to the upside. The SEC has decided not to include a definition of digital assets in its latest hedge fund ruling, which could be a sign of positive intent toward clearer regulation of the crypto sector. The WallStreetBets token (WSB) drops 90% in 24 hours after one of the insiders connected to the project dumps a large amount of tokens.
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- Bitcoin Rises Toward $30000 as Bank Woes Ripple Across Markets Bloomberg
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