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Fed Seen Holding Rates Steady, but Policy Statement and Press Conference Will Be Key for Bitcoin

Signs that the U.S. central bank might refrain from further rate hikes this cycle could lead to a new breakout in bitcoin prices.

Updated Nov 2, 2023, 3:00 p.m. Published Nov 1, 2023, 3:07 p.m.
Fed Chair Jerome Powell (Kevin Dietsch/Staff/GrettyImages/PhotoMosh)
Fed Chair Jerome Powell (Kevin Dietsch/Staff/GrettyImages/PhotoMosh)