Bitcoin (BTC) Price Lower as Fed’s Powell Cools March Rate Cut Hopes; ETH, ADA, DOT, SOL Fall More

Date:

Share post:



Bitcoin (BTC) Price Lower as Fed's Powell Cools March Rate Cut Hopes; ETH, ADA, DOT, SOL Fall More

Risk assets including cryptos turned sharply lower in the immediate aftermath of that remark. BTC fell to $42,300 from its daily high of $43,700 and was down 2.3% over the past 24 hours. The CoinDesk 20 {{CD20}} index, a broad crypto market benchmark that covers some 90% of the total market value of digital assets, declined nearly 3% during the same time.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

What next as bitcoin weathers Fed hike and Clarity Act setback?

If that’s not enough, the Dollar Index, which measures the dollar against a basket of major currencies,...

Cardano Developer Warns Over AI YouTube Crypto Scam

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news,...

The Market’s Compass Crypto Sweet Sixteen Study

Welcome to this week’s publication of the Market’s Compass Crypto Sweet Sixteen Study #259. The Study tracks...

The Anthropic Pre-IPO Challenge: compete for $20,000 USDG on Kraken Pro

TL;DR The Anthropic Pre-IPO Challenge runs September 17...