Bitcoin Surges Above $24K After Fed Chair Says ‘Disinflationary Process Has Started’

On Thursday (2 February 2023), the Bitcoin price surged above the $24,000 level for the first time since 16 August 2022, partly thanks to the comments made yesterday by Federal Reserve Chair Jerome Powell during the FOMC press conference. Yesterday, after the Fed announced a 25 basis points interest rate hike, Powell said during the