Bitcoin Rebounds as Fed Chair Powell Signals End of Tightening and Imminent Rate Cuts

Tekedia | 16-10-2025 03:31pm |

The price of Bitcoin rebounded sharply on Tuesday, after U.S. Federal Reserve Chair Jerome Powell hinted that the central bank’s balance sheet reduction program is nearing its end and that interest rate cuts may be on the horizon as the labor market shows signs of weakness. Following last week’s historic deleveraging event that erased nearly

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