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Bitcoin Falls Slightly After Fed Rate Hike

BTC was down about 1% after the U.S. central bank boosted the federal funds rate by 25 basis points. Fed Chair Jerome Powell noted the central bank had omitted language signaling additional rate hikes at upcoming meetings.

Na-update May 3, 2023, 9:32 p.m. Nailathala May 3, 2023, 8:38 p.m. Isinalin ng AI
Jerome Powell (Drew Angerer/Getty Images)
Jerome Powell (Drew Angerer/Getty Images)