Bitcoin spikes above $24K as Fed chair Powell talks of ‘disinflation’
While the rate increase was expected by the markets and Jerome Powell indicated more increases will come, the market has reacted positively to the Fed chairman’s comments.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
While the rate increase was expected by the markets and Jerome Powell indicated more increases will come, the market has reacted positively to the Fed chairman’s comments.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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