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Bitcoin Slips to $101K, Altcoins Spiraling on Federal Reserve's Hawkish Tone

The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference

Updated Dec 18, 2024, 9:33 p.m. Published Dec 18, 2024, 7:14 p.m.
Fed Chair Jerome Powell (image via House Financial Services Committee)
Fed Chair Jerome Powell