Following the United States and China reaching new accords, Bitcoin retested the $110,000 threshold, igniting a global risk appetite. However, remarks from Federal Reserve Chief Jerome Powell suggesting ambiguity about a December rate reduction nudged Bitcoin back to $107,000.
Continue Reading:Bitcoin’s Market Balancing Act: US-China Thaw & Fed Puzzles
Source: https://en.bitcoinhaber.net/bitcoins-market-balancing-act-us-china-thaw-fed-puzzles