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Maryama 🎩 🎭
@maryama
The price of Bitcoin (BTC) fell sharply after comments from US Federal Reserve Chairman Jerome Powell about the institution’s legal restrictions on holding digital currency. Powell, who attended a press conference after announcing the interest rate cut, emphasized that current rules do not allow the Federal Reserve to hold Bitcoin and that the institution is not looking to change the law. These comments caused the price of Bitcoin to fall from around $103,700 to $100,241 in less than an hour.
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Eli 🎭🎩🐏
@eli65
Good information. Thanks for sharing.
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