This week, Bitcoin (BTC) experienced a sudden drop after reaching its all-time high. The decline was triggered by remarks from Federal Reserve Chair Jerome Powell. He voiced concerns about inflation and indicated there might be only two rate cuts come 2025.
These comments have significantly affected the market dynamics, contributing to Bitcoin's volatility. Moving forward, market participants will be watching the Fed's positioning closely to anticipate further movements in cryptocurrency prices.
منبع: cryptodaily.co.uk ↗