Bitcoin falls after Fed chair Powell said interest rate cuts in 2023 are not likely

Bitcoin fell Wednesday after the Federal Reserve raised its key interest rate by a quarter of a percentage point, as widely expected, while the Fed chairman Jerome Powell said it’s “the most likely case” that the central bank would refrain from cutting its key interest rate this year.

The... Bitcoin fell Wednesday after the Federal Reserve raised its key interest rate by a quarter of a percentage point, as widely expected, while the Fed chairman Jerome Powell said it’s “the most likely case” that the central bank would refrain from cutting its key interest rate this year. The pullback came after bitcoin rallied almost 50% in less than two weeks, as three regional U.S. banks collapsed and the Fed announced an emergency loan program to backstop depositors at the institutions and across the whole banking system.

Bitcoin and crypto currencies are shit 💩💩!!

That’s normal

Yes yes Sell me all your bitcoins I’ll gladly buy them !

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