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Bitcoin and Ether Stall Following Chair Powell’s Sobering Tone

Artem Bogdanov by Artem Bogdanov
December 15, 2022
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Bitcoin and Ether Stall Following Chair Powell’s Sobering Tone
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The reality may have started to set in on Thursday as prices for bitcoin (BTC) and ether (ETH) moderated following Wednesday’s gains. Despite the increase in rates coming in slower, as expected, markets were seemingly caught off guard by Powell’s hawkish commentary about the need to keep pressing forward, well into 2023.



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