Bitcoin Surpasses $29.6K After Fed’s Rate Hike; CoinDesk Market Index Jumps 1.2%

CoinDesk reported:

“We can afford to be a little patient, as well as resolute, as we let this unfold,” Fed Chair Jerome Powell said in a press conference Wednesday. “We think we’re going to need to hold, certainly, policy at restrictive levels for some time, and we’d be prepared to raise further if we think that’s appropriate.”

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