Bitwise CIO downplays price ‘hiccup’ amid Bitcoin bull trend after FOMC shakes markets

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Bitcoin’s price experienced a sharp pullback following the US Federal Reserve’s recent rate cut, but market experts like Bitwise CIO Matt Hougan remain optimistic about the asset’s long-term trajectory. On Dec. 18, the Federal Reserve announced a 25-basis-point rate cut, scaling back its outlook for 2024 to two cuts instead of the previously expected four. […]


The post Bitwise CIO downplays price ‘hiccup’ amid Bitcoin bull trend after FOMC shakes markets appeared first on CryptoSlate.


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