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

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


cryptonews
2024-09-30 22:05:06

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 .


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