Why is Bitcoin price up today? By Cointelegraph
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Why is Bitcoin price up today?price saw a brief rally today, and a market-wide rally in crypto prices suggests that Bitcoin (BTC) , (DOGE) and Ether (ETH) could be aiming to start the month of November in the black.
The Federal Reserve’s Nov. 2 announcement of a 0.75 basis point interest rate hike at first had a positive impact on equities and cryptocurrency markets, which posted marginal gains prior to Fed Chairman Jerome Powell issuing comments about the rate hike and future of Fed policy.
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Why is Bitcoin price up today?price saw a brief rally today, and a market-wide rally in crypto prices suggests that Bitcoin (BTC) , (DOGE) and Ether (ETH) could be aiming to start the month of November in the black.
The Federal Reserve’s Nov. 2 announcement of a 0.75 basis point interest rate hike at first had a positive impact on equities and cryptocurrency markets, which posted marginal gains prior to Fed Chairman Jerome Powell issuing comments about the rate hike and future of Fed policy.
Continue Reading on Coin Telegraph
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