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Coinpedia 2023-10-20 08:46:34

Top Reasons Why the Bitcoin Price (BTC) Surged to $29K Today

The post Top Reasons Why the Bitcoin Price (BTC) Surged to $29K Today appeared first on Coinpedia Fintech News Bitcoin, the world’s top cryptocurrency, surged by 3.7% after Federal Reserve Chair Jerome Powell dropped hints during a Thursday midday speech about a potential halt in interest rate hikes. In a press conference, Powell indicated that if inflation continues its recent progress and long-term Treasury yields stay high, the central bank might take a pause …

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