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On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary hinted that the Fed won’t
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Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSub-$20,000 BTC price targets stay in placeData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,945 on Bitstamp the night after hawkish comments from
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Bitcoin (BTC) cayó casi 5% en las dos horas posteriores al tan esperado discurso de apertura del presidente de la Reserva Federal de los Estados Unidos (Fed), Jerome Powell, en la conferencia económica del banco central en Jackson Hole, Wyoming, el viernes por la mañana. Los mercados de valores cayeron
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"We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is reined in and the unemployment rate returns to a healthier number," Josh Olszewicz, head
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In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the Bitcoin logarithmic growth curve, the Power Law Corridor, and the 200/100/50-week moving averages. Take a look at the video below. VIDEO: Bitcoin Price Analysis (BTCUSD): August 26, 2022 US Fed Reserve Chair Jerome Powell’s speech today is already having an
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The latest price moves in bitcoin (BTC) and crypto markets in context for August 26, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source
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Bitcoin (BTC) fell to daily lows on Aug. 26 as market nerves heightened into new macro triggers.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPre-Fed blues hit BTC marketsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $21,332 on Bitstamp ahead of fresh commentary from Jerome Powell, Chair of the
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Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September. This article originally appeared in Market Wrap, CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
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The chair of the Federal Reserve testified before House lawmakers on Thursday. Source
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“The same activity should have the same regulation no matter where it appears, and that isn't the case right now because a lot of the digital finance products, in some ways, are quite similar to products that have existed in the banking system or the capital markets, but they're just
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