Bitcoin Is Braced For A Bombshell From Fed Chairman Jerome Powell
Bitcoin and cryptocurrency traders are searching for direction, with the market more-or-less treading water since the summer. The bitcoin price, hovering around $11,400 per bitcoin, has been trading broadly in line with equity markets in recent months—with groundbreaking announcements, including payments company Square SQ +0.7% buying bitcoin, failing to much move the market.
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