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The Daily Hodl 2023-08-26 16:55:51

Bitcoin Dips As U.S. Fed Chair Jerome Powell Says They Are ‘Prepared To Raise Rates Further if Appropriate’

Bitcoin (BTC) dipped below $26,000 for part of the day on Friday after U.S. Federal Reserve Chair Jerome Powell acknowledged the possibility that the Fed might have to hike interest rates again. Powell spoke at a Fed-sponsored economic policy symposium in Jackson Hole, Wyoming on Friday morning. He stated that it’s the “Fed’s job” to The post Bitcoin Dips As U.S. Fed Chair Jerome Powell Says They Are ‘Prepared To Raise Rates Further if Appropriate’ appeared first on The Daily Hodl .

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