The hawkish turn in the Fed economic projections, later confirmed by Powell in his press conference, has taken the steam out of those rallies. Bitcoin (BTC) at 19:00 UTC had returned back to $67,300, flat over the past 24 hours. U.S. stocks and bonds closed the day with gains, but well off session highs.
First Mover Americas: BTC Peeps Above $69K as Macro Favors Bulls
October 22, 2024
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