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Bitcoin (BTC) gained almost $1,500 in under an hour on Aug. 26 after an "uber dovish" speech by Federal Reserve Chair, Jerome Powell.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price action charges upwardsSpeaking at the virtual Jackson Hole annual symposium, Powell hinted that the Fed would begin to reduce its
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Bitcoin (BTC) hovered near $47,000 on Friday as traders took no chances on the day of the United States Federal Reserve’s Jackson Hole summit.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEnd-of-month cold feet for Bitcoin tradersData from Cryptox Markets Pro and TradingView showed BTC/USD fluctuating in a range centered on $47,000 during
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Bitcoin (BTC) is back at $50,000 as a new week gets underway with a bang.After a strong weekend, Bitcoin finally crossed the long-awaited $50,000 mark overnight on Aug. 22.Along with a firm sense of deja vu, traders are naturally curious as to what will happen next — and crucially whether
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Bitcoin (BTC) prices briefly fell below $44,000 on Thursday as the United States Dollar strengthened after the U.S. Federal Reserve policy minutes revealed its intentions to limit its bond-purchasing program this year.Bitcoin risks $45,000 becoming new resistance The spot BTC/USD rate dropped 1.71% to a new week-to-date low of $43,955. The
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Ether (ETH) and Bitcoin (BTC) pulled back on Wednesday as investors awaited fresh guidance from the United States Federal Reserve (Fed).ETH price slipped by 0.57% to $2,857, while the BTC/USD prices were up 0.68%, changing hands at $39,739 at around 10:30 am EST. Nevertheless, both the pairs reached their current
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The author of ‘Rich Dad, Poor Dad’ is buying the Bitcoin dipHe explains that the problem is not Bitcoin or Elon, but the Fed, Treasure and President Biden printing more USDHe reiterated that Gold, Silver and Bitcoin are the solutions to inflation and a weakening DollarThe author of the popular
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