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Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut

"The market has gotten ahead of itself on the rates side," said one analyst.

Updated Mar 8, 2024, 8:50 p.m. Published Jan 31, 2024, 10:28 p.m.
Bitcoin price on Jan. 31 (CoinDesk)
Bitcoin price on Jan. 31 (CoinDesk)