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First Mover Asia: Crypto Traders Laying Low While Fed Ponders; Bitcoin, Ether Gain

A move by the U.S. central bank to ratchet up interest rates could lead investors away from cryptocurrencies, which are considered riskier investments.

Updated May 11, 2023, 6:27 p.m. Published Dec 14, 2021, 11:30 p.m.
Federal Reserve building (Paul Brady/Shutterstock)