Ethereum trades near $2,445 after Fed’s 25-basis-point rate hike

  • Ethereum traded near $2,445 after briefly dipping below $2,400.
  • The Federal Reserve raised rates 25 basis points to 3.75%-4.00%.
  • Inflation and strong economic data pressured crypto markets, contributing to $520 milli...

Ethereum traded near $2,445 after briefly falling below $2,400, as the Federal Reserve raised interest rates by 25 basis points to a target range of 3.75%-4.00%. The increase, driven by inflation and strong economic data, added pressure to crypto markets and contributed to $520 milli...

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