Bitcoin Plunged Then Recovered During Fed Chair Powell's Speech! Here's Why
Following FED Chairman Jerome Powell's press statement following the 25 basis point interest rate cut, there was a significant drop in the Bitcoin price at first. The decline stemmed from Jerome Powell's statement in December that a rate cut wasn't a certainty. Previously, all financial markets were expecting another 25 basis point cut in December. [...] Continue Reading: Bitcoin Plunged Then Recovered During Fed Chair Powell's Speech! Here's Why