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Bearish BTC Sentiment Persists Despite Powell’s Signal That QT May Be Nearing End - Tayedi Search engine

Bearish BTC Sentiment Persists Despite Powell’s Signal That QT May Be Nearing End

4 months ago 187

Federal Reserve Chairman Jerome Powell on Tuesday said that the central bank could soon reach a point where its long-running program to reduce the balance sheet size would need to end. Yet, BTC continues to trade in the red with derivatives pointing to persistent bearish sentiment.

“Our long-stated plan is ...

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