As reported by Cointelegraph, Bitcoin experienced a brief dip below six figures following unexpected announcements by Federal Reserve Chair Jerome Powell. The cryptocurrency quickly rebounded, raising questions about whether this is a typical market pullback or indicative of a larger trend in the crypto space. The implications of Powell's statements on the broader cryptocurrency market remain a topic of discussion among investors and analysts.
Bitcoin Dips Below Six Figures After Powell's Announcements
KuCoin NewsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.