Week in review: the Fed cuts rates as the EU readies sanctions on Russia’s crypto business
The Fed cut its policy rate, the European Union will for the first time impose sanctions on Russian crypto platforms, Monero experienced its largest block reorganisation in 12 years, and other events of the week.
Bitcoin stuck in a range
The leading cryptocurrency started the week below $116,000 and ended it at roughly the same level.
Momentum tied to expectations for the Fed meeting pushed prices close to $118,000, but proved fleeting. The asset failed to…
