Bitcoin (BTC) dips below $60,000 as Powell’s comments spur market volatility

The world’s largest cryptocurrency by market capitalization, Bitcoin (BTC), witnessed a significant drop in value, touching $59,889 on April 17, following Powell’s statement regarding interest rates. Powell’s indication that interest rates are unlikely to decrease in the near future prompted concerns among investors, contributing to the temporary decline in Bitcoin’s price. The price fluctuation underscores […]