Crypto rises on Fed hike; Three Arrows insolvency concerns
Bitcoin, Ethereum and TRX recover as the Federal Reserve raises interest rates. Meanwhile, Three Arrows Capital faces liquidation concerns.
Welcome to The Daily Forkast – June 16, 2022 – presented by Megha Chaddah.
Coming up on today’s show:
And further to yesterday’s developments, crypto exchange Coinbase lays out plans for development in India despite global job cuts.
We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast June 16.