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Bitcoin Gains After the Release of Fed Minutes
linkweb3
2023-02-23
3459
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Summary：Prices of and other cryptocurrencies ticked up Wednesday after the Federal Reserve meeting minutes showed slowing inflation could support rates peaking in 2023. The price of Bitcoin was in the green, up roughly 0.5% in the past hour since the release of the document detailing discussions at the last Fed meeting. Bitcoin has declined over the last 24 hours, though, down 3.8% to $23,764.67, slipping from recent highs above $25,000 and returning to levels seen a week ago.
Prices of and other cryptocurrencies ticked up Wednesday after the Federal Reserve meeting minutes showed slowing inflation could support rates peaking in 2023. The price of Bitcoin was in the green, up roughly 0.5% in the past hour since the release of the document detailing discussions at the last Fed meeting. Bitcoin has declined over the last 24 hours, though, down 3.8% to $23,764.67, slipping from recent highs above $25,000 and returning to levels seen a week ago.
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