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coinpedia 2023-05-04 02:45:59

Buy the News, Sell the Rumor: FED’s Latest Decision Sends Crypto Prices Soaring – Santiment Reports

The post Buy the News, Sell the Rumor: FED’s Latest Decision Sends Crypto Prices Soaring – Santiment Reports appeared first on Coinpedia Fintech News For cryptocurrency traders, the latest interest rate increase by the Federal Reserve may have been a case of “sell the rumor, buy the news”. When traders foresee a specific event or announcement, they may sell off their assets in expectation of a negative outcome. When the event or news really occurs, however, the market frequently …

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