Bitcoin Tries to Stop the Bleeding Despite Crypto Scandals

Published by
The Street

By Luc Olinga The cryptocurrency market tries to catch its breath after days of endless crashes. The cryptocurrency market needs a break. After days of continuous tumble, the prices of digital currencies seem to want to take a break, even catch their breath. The Federal Reserve gave investors some respite by raising its rates very sharply on June 15, the biggest increase in 28 years. The central bank raised its key rates by three-quarters of a percentage point, or 0.75 percentage point, the biggest increase since 1994, in an attempt to control higher-than-expected inflation. With this third in…

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