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coinpedia 2023-05-19 17:54:39

Bitcoin Shows Wild Swing Near $27K as Fed’s Powell Teases Rate Hike Exit

The post Bitcoin Shows Wild Swing Near $27K as Fed’s Powell Teases Rate Hike Exit appeared first on Coinpedia Fintech News Recently, Bitcoin, the leading digital asset, displayed intense volatility near the $27,000 mark. The catalyst behind this wild swing was none other than the Federal Reserve’s chairman, Jerome Powell, who hinted at an imminent end to rate hikes. This unexpected development sent shockwaves through the crypto markets, igniting a frenzy among investors. US Fed’s Jeromy …

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