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Crypto Update | BTC Price Fell Today After Fed Member Stated 'No Reason' To Halt Rate Hike Cycle and Student Loan Payments Will Resume This Year

Markets Outlook

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Introduction

A top US Federal Reserve official said there's no compelling case to halt the central bank's rate hike cycle. Bitcoin, Ether and most other risk assets are down and markets showing almost universally lower prices. The Fed's historic string of increases to the poor interest rate up a staggering 1900% in just the last year has been a primary driver of many potential catastrophes.

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