Source: Pixabay / Michael Wuensch Fed Chair Jerome Powell’s tone on the risks faced by the US economy just shifted in a dovish direction, spurring a pump in the price of Bitcoin (BTC) to new yearly highs at $39,000. Powell noted that risks that the Fed doesn’t raise interest rates enough to combat inflation versus The post Bitcoin Price Pumps to $39,000 As Fed Chair Powell’s Remarks Encourage Rate Cut Bets – Where is BTC Headed Next? appeared first on Cryptonews .