FED Starting the week with a decrease of 2.5% with the effect of entering the Bitcoin (BTC), It continues to trade at the $22,000 limit.
Although BTC fell to $ 17,600 due to the bear market, it continues to be seen as an alternative to traditional assets.
According to Finbold’s report, Bitcoin is one of the largest technology stocks despite the challenging conditions of the bear market. appleAccording to , the trading volume has doubled in the last 30 days.
According to data from YCharts, looking at the transaction volumes as of July 22, Apple’s 30-day average transaction volume is at the level of 11.6 billion dollars. (NASDAQ: AAPL)
Based on data from CoinMarketCap of bitcoin On the other hand, the 30-day average daily trading volume is $27.7 billion.
In this context BTCDespite the bear market, it was seen that 2.3 times more trading volume than Apple.
Up to $24,000 levels in recent weeks bitcoinThe effects of the Fed’s interest rate decision began to be seen in .
The FED, which tightened its monetary policy and increased interest rates due to rising inflation, made an increase of 75 basis points in the last meeting.
The last rate hike was the highest rate of increase since 1994.