Bitcoin pumps nearly 10% to above $22.5K as Fed hikes rates by 0.75%

Bitcoin (BTC) rose sharply on Wednesday to break above $22,000 as risk appetite resurfaced following the US Federal Reserve’s move to raise interest rates by 75 basis points. BTC was trading around $22,575 at 15:20 pm ET on Wednesday, up nearly 10% in the past 24 hours. Of these gains, about 5% came on the […]