![Bitcoin Surges After Fed Reveals 25 Basis Point Hike Bitcoin Surges After Fed Reveals 25 Basis Point Hike](https://s32659.pcdn.co/wp-content/uploads/2022/12/BIC_FED-statement_positive.jpg.webp)
The Federal Reserve increased interest rates by 25 basis points on Feb. 1, 2023, taking the U.S. Federal Funds rate to between 450 and 475 basis points. The latest increase follows a 50…
![Short Liquidations Reach Highs, Bitcoin Surges above ,000 Short Liquidations Reach Highs, Bitcoin Surges above ,000](https://s32659.pcdn.co/wp-content/uploads/2022/11/bitcoin-dominance-chart-what-is.jpg.webp)
Short liquidations in the cryptocurrency market have just reached their highest level since July 2021. This marks the largest losses in 18 months for traders who opened shorts (downward positions) on Bitcoin and…