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Bitcoin, Ether Drop as Analysts Fear Fed Minutes Will Dash Hopes for 2023 Easing

Risk assets recently rallied in hopes that inflation has peaked and the Fed would cut interest rates next year. The central bank's monetary tightening has roiled cryptocurrencies.

Federal Reserve building in Washington, D.C. (Anna Moneymaker/Getty Images)
Federal Reserve building in Washington, D.C. (Anna Moneymaker/Getty Images)