Bitcoin Surges on Powell’s “Dovish” Signal, Then Falls, As Analysts Eye $200K Before Year-End

The price of Bitcoin (BTC) rebounded sharply to $117,000 on Friday, gaining more than 2% within minutes after Federal Reserve Chair Jerome Powell hinted at a potential rate cut during his highly anticipated Jackson Hole speech. The remarks immediately boosted risk assets, lifted cryptocurrencies, and weakened the U.S. dollar. BTC price surge comes as several crypto

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