Crypto Update 5/11/22 | The Fed Raised Rates and Markets Freaked Out

With bitcoin trading lower while Terra's two main tokens plummet, plus a deeper dive into market volatility, CoinDesk’s Markets Daily is back with the latest news roundup.

This episode is sponsored by Kava and BCB Group.

Today's Stories...Read the full show notes here.

Featured Story: The Fed Raised Rates and Markets Freaked Out

This episode was edited & produced by Adrian Blust with original music by Adrian Blust & Colin Mealey

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BCB Group is the leading business banking partner for the digital assets industry. We provide the rails to move money and a gateway for crypto to FX markets at scale. Our mission is to connect and bank the global crypto industry. Find out more by visiting bcbgroup.com/coindesk.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MarketsDaily15 to get 15% off your pass at www.coindesk.com/consensus2022.