Powell Speech Highlights: Crypto Market Upbeat on Fed Rate Cuts, Ending QT, Weak Jobs Markets
Fed Chair Jerome Powell’s speech was the most-awaited event on Tuesday, October 14. The highlight of the Powell speech was that the Fed chair is leaning toward a more dovish stance, indicating higher chances of more rate cuts ahead amid the weak job market. Crypto market remains upbeat on the development, with Bitcoin price bouncing […]
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