Bitcoin price charges to $116K as Fed's Powell hints at interest-rate cut

Aug 22, 2025 - 08:00
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Bitcoin price charges to $116K as Fed's Powell hints at interest-rate cut

Bitcoin price charges to $116K as Fed's Powell hints at interest-rate cut

Bitcoin recovers from a trip to six-week lows as Fed Chair Jerome Powell gives strong "dovish" clues over where interest rates will head in September.

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