Bitcoin Slips Below $40k After Hostile Statements From Fed (newsbtc)

Originally published at: Bitcoin Slips Below $40k After Hostile Statements From Fed (newsbtc) – We Never See Nothing

Bitcoin, the flagship crypto slipped below $40K after the Federal Reserve Bank of the United States made hostile comments. Powell stated on Thursday that at the upcoming Federal Open Market Committee meeting, the Federal Reserve will consider raising the benchmark interest rate by 50 basis points (0.5 percentage point). Bitcoin Slips Below $40K It was…