Crypto News

Crypto Market News Live Updates 23 Feb: Bitcoin, Ethereum increases after Fed releases the minutes!

Markets now indicate a 27% possibility that the Fed would hike rates by 50 bps next month. This is because the inflation is still too high.
Published by
Crypto Market News Live Updates 23 Feb: Bitcoin, Ethereum increases after Fed releases the minutes!

Crypto Market News Today Live Updates and Latest News: (23 February 2023): The most recent Fed meeting minutes were released following the financial markets’ recent weeks of increasing their wagers on the Fed tightening. To be more precise, by the end of January, most analysts expected only two additional rate hikes of 25 bps. Yet, markets now indicate a 27% possibility that the Fed would hike interest rates by 50 bps (to 5.25–5.50%) next month. The US economy is still doing well, and inflation is too high. After the news, Bitcoin and Ethereum saw a 24hr surge of 1.44% and 1.51% to $24,541 and $1,671.

 

Crypto Market News Today Live Updates

Advertisement
Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

BlackRock Bitcoin ETF Ranks Among Top ETFs In 2025 Despite Crypto Downturn

The BlackRock Bitcoin ETF (IBIT) has emerged as one of the top exchange-traded funds (ETF)…

December 20, 2025
  • Crypto News

Stablecoin Adoption Deepens as Klarna Turns to Coinbase for Institutional Liquidity

Klarna has taken a major step into crypto finance by partnering with Coinbase to accept…

December 19, 2025
  • Crypto News

Ripple, Circle Could Gain Fed Access as Board Seeks Feedback on ‘Skinny Master Account’

The U.S. Federal Reserve has requested public feedback on the payment accounts, also known as…

December 19, 2025
  • Crypto News

Fed’s Williams Says No Urgency to Cut Rates Further as Crypto Traders Bet Against January Cut

New York Federal Reserve President John Williams has signaled his support for holding rates steady…

December 19, 2025
  • Crypto News

Trump to Interview BlackRock’s Rick Rieder as Fed Chair Shortlist Narrows to Four

The Fed chair race is heating up with U.S. President Donald Trump set to interview…

December 19, 2025
  • Crypto News

Breaking: VanEck Discloses Fees and Staking Details for its Avalanche ETF

The leading crypto asset manager VanEck amends its Avalanche ETF with the U.S. Securities and…

December 19, 2025