Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease – CoinDesk

Still, during a press conference on Wednesday, Federal Reserve ChairJerome Powell stated that the U.S.

An increase in trader sentiment would require a rise in BTC’s price, with a gradual increase in trading volume and volatility.

BTC is outperforming alternative cryptos so far this year, but gave up some of its lead in the past few days.

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Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST.

It has lofty goals for USDD, but not much else.

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