Live updates: Bitcoin clears $64,000 in Asia hours ahead of Fed decision
CoinDesk·
60-second summary
Bitcoin surges past $64,000 in Asian trading hours ahead of the Federal Reserve's interest rate decision, with markets largely pricing in a hold at Wednesday's announcement. A minority of analysts, however, including Citadel Securities and UBS, warn of a surprise rate hike, potentially sending shockwaves through the cryptocurrency market and global economy.
Markets price a hold at Wednesday's decision, but a real minority sees a surprise hike, with Citadel Securities and UBS among those flagging the risk.