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CoinOtag 2024-06-13 16:19:16

Bitcoin (BTC) Price Slumps After Fed’s Hawkish Comments Despite Initial Rally

Bitcoin’s (BTC) price experienced a notable rally earlier today. Federal Reserve Chair Jerome Powell made hawkish remarks that impacted the market. Powell emphasized that the Fed’s rate policy remains dependent on ongoing data. After an encouraging Bitcoin surge, Fed’s hawkish stance introduces uncertainty, impacting market optimism. Bitcoin’s Sharp Rally and Subsequent Setback Bitcoin’s price surged

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