On Sept. 20, the United States Federal Reserve delivered a message that reverberated through financial markets: Interest rates are expected to remain at their highest level in over two decades, possibly for longer than most market participants’ expectations. This attitude comes against the backdrop of stubbornly high inflation — with the core inflation rate hovering at 4.2%, well above the central bank’s 2% target — and unemployment at record lows. As investors grapple with this new reality, a pressing question arises: Will the S&P 500 and Bitcoin (BTC) continue to…
Bitcoin price holds steady as S&P 500 plunges to 110-day low
