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Bitcoin rally stalls after tough inflation remarks from Fed Chair
BTC retraced some gains following Fed Chair Kevin Warsh comments, while prediction market traders maintained a bullish tilt.
Bitcoin prices pulled back after Fed Chair Kevin Warsh delivered tougher remarks on inflation, disrupting a recent upswing in the cryptocurrency market, according to Decrypt.
Even with the short term decline, sentiment in the derivatives and forecasting complex remained constructive, with prediction market traders still leaning bullish on Bitcoin’s longer term outlook, Decrypt reported.
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