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TheNewsCrypto

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Fed Rate Cuts Remain Uncertain After Powell’s Speech

  • Bitcoin rose above $104K after Powell's speech without revealing the economic outlook.
  • Traders are uncertain about rate cuts despite a high chance of no change in June.
  • Fed may postpone rate cuts unless Trump's tariffs are retracted, as suggested by Goolsbee.
  • Bitcoin slightly increased following Powell's speech, with impending observation of Fed's policy adjustments before the June meeting.

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