Bitcoin Eyes $60K as Powell’s Cautious Stance on Inflation Boosts Market Confidence
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Bitcoin is nearing the $60,000 mark, driven by U.S. Federal Reserve Chairman Jerome Powell's cautious approach to managing inflation. In his Senate Banking Committee testimony, Powell emphasized the need for a balanced monetary policy, which has positively impacted market confidence ahead of the U.S. CPI inflation data release.
Source: coinedition.com ↗
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