Cryptocurrency News

BTC price rejects at $23K as US dollar declines from fresh 20-year highs

06/16/2022

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2022.06.16 19:51

BTC price rejects at $23K as US dollar declines from fresh 20-year highs

Bitcoin (BTC) ran out of steam near $23,000 on June 16 after the biggest United States key rate hike in nearly thirty years.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $22,957 on Bitstamp after the Federal Reserve confirmed a 0.75% hike in June — its largest since 1994.

06/16/2022

Less than a minute

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