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Market Wrap: Bitcoin Falls to $48K as Fed's Powell Makes No New Promises; Ether Drops

Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.

Updated Sep 14, 2021, 12:21 p.m. Published Mar 4, 2021, 10:03 p.m.
Bitcoin's price over the past day.
Bitcoin's price over the past day.