Bitcoin price is back above $17k following dovish comments from Fed Chair Powell

Bitcoin price is back above $17k following dovish comments from Fed Chair Powell

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(Kitco News) – Global financial markets got a boost from Fed Chair Powell on Wednesday after the central bank chief set the stage for a 50-basis point rate hike at the Fed’s December policy meeting – citing the need to “moderate” the pace of rate increases.

The dovish tone helped spark a…


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