Jan 31, 2023

Bitcoin rebounded above $23,100 after its biggest single-day percentage loss since the FTX meltdown in November on Monday. Triggered by anxieties that the U.S. Federal Reserve will continue its attempt to restrain the economy, many traders expect the central bank to raise interest rates by 25 basis points. "All About Bitcoin" host Christine Lee presents "The Chart of The Day."

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.