After the FED announcement, bitcoin loses 18000 USD
The bitcoin and for the most part almost the entire cryptomarket has had a downward turn, after it reached 18000 USD it has lost around 0.5% in the last 24 hours, as you can see in the following chart from the coingecko web portal:
The FED announced yesterday in its last meeting of this year 2022 a hike of 50 basis points which remains in the range of 4.25%-4.5%, it is important as an investor to go beyond the attention that can be paid at each meeting of the FED to see the hikes in interest rates, this means that you have to create special attention in analyzing how far the final level of interest rates can reach.
This analysis is important in the context that the FED will most likely be careful to keep raising interest rates until they are really sure that inflation can be controlled, since in the case of lowering interest rates at an inauspicious moment, there may be a risk that inflation will start to shoot up again, and that is a risk that they do not intend to take.
There are several reactions that the market can take in the little that remains of this year 2022, since the sudden turns in the lowering of prices not only depends on the announcements of the FED, but many investors are waiting for what may happen by Binance, in which it is waiting for the investigations in the alleged money laundering that the United States would be carrying out.
There are several scenarios that must be cleaned up and demonstrate the legal character that can make the cryptomarket recover, since it is also awaiting what happens with FTX in relation to the relevant responsibilities with its users, since it is considered that the collapse of the company was a case of "old-fashioned fraud".