Bitcoin trades flat as investors grapple with new restrictions hinted at by the Federal Reserve's Jerome Powell.
Bitcoin trades flat at $30,000, as investors digest the Fed’s recent restriction rhetoric.
The world's largest digital asset by market capitalization is caught in a bind between enthusiasm over recent institutional ETF filings and the Fed chair's commitment to more rate hike cycles, expressed at the"Policy hasn't been restrictive enough for long enough," Powell told the annual gathering of central bankers hosted by the ECB in the Portuguese resort of Sintra."I wouldn't take moving in consecutive meetings off the table at all," he added.
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