The pause in rate hikes had been overwhelmingly expected by market participants, who will now begin focusing on the U.S. central bank’s next policy meeting in November.
Bitcoin at $26.4K Set for Weekly Gain, but Rallies Might Continue to be Sold
The world’s largest crypto has bounced from a 3-month low below $25,000 hit on Monday.
Bitcoin Gives Up Gains, Returns to $26K Ahead of Fed’s Jerome Powell at Jackson Hole
The Kansas City Federal Reserve’s annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.