Crypto ETFs and US Crypto Stocks Slide as Fed Rate Hike Bets Grow
- —Crypto ETFs fell sharply on rising Fed rate hike expectations
- —US crypto stocks came under broad selling pressure
- —The move follows growing odds of tighter monetary policy
Why it matters: Tighter Fed policy weighs on risk assets including crypto and could accelerate outflows from crypto ETFs.
Source: Google News (crypto query)