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Bearish BTC Sentiment Persists Despite Powellโ€™s Signal That QT May Be Nearing End

INFRASTRUCTURE
BTC
BEARISH

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TL;DR

Federal Reserve Chairman Jerome Powell hinted at the possible end of the central bank's balance sheet reduction program, but Bitcoin (BTC) remains bearish with derivatives signaling negative sentiment.

Summary

Federal Reserve Chairman Jerome Powell hinted at the possible end of the central bank's balance sheet reduction program, but Bitcoin (BTC) remains bearish with derivatives signaling negative sentiment.

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By Omkar Godbole

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