Thursday, May 9, 2024
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Bitcoin price whipsaws as Fed says rate hikes may not be ‘appropriate’

Bitcoin (BTC) saw heavy volatility on March 22 as the United States Federal Reserve hinted that it might stop interest rate hikes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell on rates: “‘May’ and ‘some’ instead of ‘ongoing’”Data from Cointelegraph Markets Pro and TradingView showed sharp moves both up and down for BTC/USD

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