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CoinGape 2024-07-03 05:20:05

Fed Chair Still Not Confident of Interest Rate Cuts, What’s Next for Bitcoin?

On Tuesday, July 2, Fed Chairman Jerome Powell expressed minor satisfaction with the progress on inflation but said that he’s still not confident to proceed with rate cuts. The Bitcoin price has come under selling pressure in the last 24 hours dropping 3.63% at press time and falling all the way to $60,700 levels. Fed The post Fed Chair Still Not Confident of Interest Rate Cuts, What’s Next for Bitcoin? appeared first on CoinGape .

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