Crypto Markets Remain Surprisingly Calm as the Fed Stays the Course on Rate-Hike Plan

In wake of the latest events, we have witnessed in the banking sector with several actors facing liquidity crunches as a result of rapid and large customer redemptions, financial markets have behaved surprisingly calm over the last week. This is happening at a time where the Federal Reserve sticks to its course and has increased the federal funds rate by 25 basis points to a total of roughly 5% now.