On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum Merge and why the bears are winning.
To kick things off, we break down the latest news in the markets this week:
Biggest Fed rate hike in 40 years? Five things to know in Bitcoin this week
Bitcoin (BTC) faces another week of “huge” macro announcements after the lowest weekly close since July. The main event for the week will be the United States Federal Reserve’s decision on key interest rates. How will the market react after the new rate hikes are announced? Is there hope for a pump, or will we continue this downward trajectory? Is $18,000 Bitcoin going to become the new normal? When can we expect to see the real bottom? We also discuss the U.S. dollar index and Ethereum’s post-Merge blues. There is a lot to unpack here, so make sure you stick around for all the latest information.
Terra co-founder Do Kwon says he’s not “on the run”
Do Kwon didn’t...
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