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City AM
City AM
By Darren Parkin Bitcoin is trading up by a slight margin (0.24%) over 24 hours as it’s another day of wait and see for investors. The Federal Reserve Bank in the US is set to deliver its interest rate decision today, which will no doubt move the markets depending on the outcome. Analysts expect a lighter touch from the Fed this time round, saying a hike of 25 basis point is likely. Whether it’s been priced in already is the big question. Ethereum is tracking Bitcoin. The second-largest crypto also in the green by less than a percentage point, changing hands for $1,573 this morning. Notably, C…
