Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments
Briefly

Bitcoin ( BTC) continued to hold below $27,000 as U.S. Federal Reserve Chair Jerome Powell said stress in the banking sector might allow the central bank to ease back on rate hikes as it looks to curb hot inflation.The largest cryptocurrency by market capitalization was recently trading at around $26,800, up roughly 0.3% in the past 24 hours, according to CoinDesk data.
Read at Coindesk
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