Hawkish Fed comments and fears of stablecoin regulation spark market sell-off -Breaking
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After comments by Jerome Powell (US Federal Reserve Chairman), the optimism of bullish investors that had prevailed earlier in the week were tempered on November 4, when he stated that the central bank will soon reduce its bond-buying and easing monetary policies.
This statement appears to have set off price declines in the crypto and both markets (BTCEther (ETHAt the moment, ) is under severe pressure.
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