Fed’s Dovish Stance Strengthens Hopes of the End of Monetary Tightening Cycle

The Federal Reserve (Fed) officials, by taking a stance towards the pause of the interest rate hike cycle, have strengthened hopes that the monetary tightening cycle has come to an end. In early 2019, in a similar Fed environment, the price of Bitcoin (BTC) had quadrupled to reach $13,880. The post Fed’s Dovish Stance Strengthens Hopes of the End of Monetary Tightening Cycle appeared first on COINTURK NEWS.