The post Top Reasons Why the Bitcoin Price (BTC) Surged to $29K Today appeared first on Coinpedia Fintech News
Bitcoin, the world’s top cryptocurrency, surged by 3.7% after Federal Reserve Chair Jerome Powell dropped hints during a Thursday midday speech about a potential halt in interest rate hikes. In a press conference, Powell indicated that if inflation continues its recent progress and long-term Treasury yields stay high, the central bank might take a pause …
