cryptonews
2024-09-30 22:05:06

Fed Chair Powell Dampens 50bps Rate Cut Hopes – Here’s How the Bitcoin Price Reacted

The Bitcoin (BTC) price is set to end Monday with losses of close to 3%, with the market set to end the month on a sour note thanks to not as dovish as hoped for commentary from US Federal Reserve Chairman Jerome Powell, and jitters about Japan’s hawkish incoming PM. The post Fed Chair Powell Dampens 50bps Rate Cut Hopes – Here’s How the Bitcoin Price Reacted appeared first on Cryptonews .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.