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Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates

Instruments tied to interest rates compete with Bitcoin for investor dollars.

Updated Aug 21, 2023, 7:02 p.m. Published Aug 21, 2023, 6:31 p.m.
New Fed messaging suggests rates and inflation might go higher (Getty images)
New Fed messaging suggests rates and inflation might go higher (Getty images)