Bitcoin surges above $22K as Powell's Congressional Testimony boosts market sentiment - Shahpur Turk CSC - Common Service Centre in Sonipat Bitcoin surges above $22K as Powell's Congressional Testimony boosts market sentiment

12 March 2023

Bitcoin surges above $22K as Powell's Congressional Testimony boosts market sentiment

Federal Reserve Chairman Jerome Powell "stressed" on Wednesday that the central bank has yet to make a decision on the size of the rate hike, which will be discussed during the Federal Open Market Committee (FOMC) meeting scheduled for later in March. Powell made the statement during his semi-annual monetary policy report before the House Financial Services Committee.

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