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Bitcoin (BTC) Rally May Stall if Fed Chair Powell Does not Signal End of Tightening, Crypto Observers Say

May 3, 2023
in Crypto Updates
Reading Time: 1 min read
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“Because the market is anticipating a pause after this hike, we’ll be on the lookout for the sentence on ‘further coverage firming could also be acceptable’ to be faraway from the assertion, changed by extra open-ended language leaving the door open for both extra fee hikes or a pause, i.e., data-dependency,” Dick Lo, the founder and CEO of quant-driven crypto buying and selling agency TDX Methods, instructed CoinDesk.

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Tags: BitcoinBTCChairCryptoFedObserversPowellrallySignalStallTightening
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