![Bitcoin price clings to K as Fed’s Powell stresses more rate hikes Bitcoin price clings to K as Fed’s Powell stresses more rate hikes](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/ffc018bb-5610-44ab-a104-4871ea63a1d9.jpg)
Bitcoin (BTC) staged another retest of $30,000 support on June 28 as the United States Federal Reserve stayed hawkish on inflation. BTC/USD 1-hour chart. Source: TradingView Powell on rate hikes: “More restriction coming”…
![Bitcoin Buckles, Bounces as Fed Signals More Aggressive Rate Hikes to Come Bitcoin Buckles, Bounces as Fed Signals More Aggressive Rate Hikes to Come](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2020/08/bitcoin-dollar-federal-reserve-gID_5.jpg@png)
The price of Bitcoin dipped following the release of the Federal Reserve’s December meeting minutes, which showed the central bank’s plans to continue raising interest rates. The biggest cryptocurrency was down nearly 1%,…
![Bitcoin, Ethereum Drop Sharply After Fed Signals More Interest Rate Hikes to Come Bitcoin, Ethereum Drop Sharply After Fed Signals More Interest Rate Hikes to Come](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2020/08/bitcoin-dollar-federal-reserve-gID_6.jpg@png)
The price of Bitcoin nosedived today—along with U.S. stocks—on news that the Federal Reserve approved a smaller interest-rate hike than previous ones this year, but signaled plans to keep raising rates next year…