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Crypto news today - Bitcoin Ethereum Crash coming?
Crypto news today, will BTC and ethereum price drop more?
With the Merge resulting in a �buy the rumor, sell the news event,� Mike McGlone thinks that ETH might drop to �$1,000, or even get a bit lower� given how hawkish the Fed has been.
The United States Federal Reserve�s inflation �sledgehammer� is about to batter the prices of Bitcoin (BTC) and Ether (ETH) down even further, before reaching back to new all-time highs in 2025.
Ahead of the latest Fed interest rate hike to be announced this week, the market is expecting a minimum of a 75-basis-point increase, however some fear it could be as high as 100 basis points, which would represent the biggest rate hike in 40 years.
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