Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut

Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut

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In a universally anticipated move, the Fed left its benchmark fed funds rate range unchanged at 5.25%-5.5% following the first Federal Open Market Committee meeting of the year. Market participants were more keen to monitor clues about when the Fed might start lowering rates, with many observers…

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