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Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam

The recovery for cryptocurrencies proved to be short-lived as investors digested the latest inflation remarks by U.S. central bank chair Jerome Powell.

By Krisztian Sandor, Jimmy He, Helene Braun

Updated Nov 14, 2022, 6:01 p.m. Published Jun 22, 2022, 8:49 p.m.

Bitcoin and most cryptocurrencies pared down yesterday's gains as investors' risk appetite remained low. (Unsplash)