Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate…

Bitcoin.com | Nov 3, 2022 at 1:30 PM
  • Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates.
  • Following the Federal Reserve’s decision to maintain current hawkish policy by raising rates, BTC/USD surged to a peak of $20,742.81.
  • ETH/USD which initially rose to a high of $1,613.41 on the news, slipped to a intraday low of $1,507.24 on thursday.