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Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam

The recovery for cryptocurrencies proved to be short-lived as investors digested the latest inflation remarks by U.S. central bank chair Jerome Powell.

Bitcoin and most cryptocurrencies pared down yesterday's gains as investors' risk appetite remained low. (Unsplash)
Bitcoin and most cryptocurrencies pared down yesterday's gains as investors' risk appetite remained low. (Unsplash)