BTC and ETH were recently changing hands sideways with the largest cryptocurrency in market value down a smidgen and ether in the green. Bitcoin held its place snuggling above the $20,000 threshold it assumed more than a week ago amid hopeful signs the U.S. central bank will scale back its current diet of hefty interest rate hikes by early next year, if not sooner. The Federal Open Market Committee, which sets monetary policy, will likely announce a fourth consecutive 75 basis point increase on Wednesday.
Source: https://www.coindesk.com/markets/2022/11/02/first-mover-asia-ripples-apac-policy-chief-sees-hopeful-shift-in-hong-kong-crypto-statement-dogecoin-soars-again/?utm_medium=referral&utm_source=rss&utm_campaign=headlines