Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve’s Powell

CoinDesk reported:

“The Fed has embraced the idea of a soft landing: they see stronger growth and lower unemployment, and still expect to get back to their inflation target,” Zach Pandl, economist at Grayscale Research, noted in a emailed note. Asset management firm Grayscale is owned by DCG, CoinDesk’s parent company.

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