Bitcoin Volatility Explodes Around $18K Level, As Fed Reveals 50 Basis Point Rate Increase

Bitcoin price touched a high of nearly $18,400 in anticipation of today’s Federal Reserve meeting, where the US central bank was expected to raise interest rates by 50 basis points.
Volatility picked up as the Fed meeting commenced, with Bitcoin suffering a sudden pullback to $17,700. Here’s what you need to know about the last Fed meeting of the year. 
No Pivot: Fed Hikes Rates 50 Basis Points
All eyes were on today’s Fed meeting and if Fed Chair Jerome Powell would follo