Bitcoin Price Prediction: Fed’s Stance, ETF Approval, & Yuan’s Impact on BTC

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Bitcoin Price Prediction: Fed’s Stance, ETF Approval, & Yuan’s Impact on BTC

Bitcoin (BTC), the world’s largest cryptocurrency, experienced a dip on Friday as it failed to maintain its upward momentum and dropped below $27,000. 
Jerome Powell’s statement about possible interest rate hikes caused a 1.5% decrease in the global crypto market to $1.06 trillion. 
Bitcoin has been trading sideways due to Powell’s statements and the increase in 10-year note yields. …
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