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Coin Edition 2024-08-26 16:10:00

Fed’s Dovish Tone Fuels Bitcoin Rally, Digital Assets Rise

Digital asset investments saw a big jump last week with inflows hitting $533 million. This was the largest influx in five weeks and coincided with Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Symposium. Powell’s hint that the first interest rate cut could come as early as September triggered a major market reaction, The post Fed’s Dovish Tone Fuels Bitcoin Rally, Digital Assets Rise appeared first on Coin Edition .

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