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Zenger
Zenger
Mehab Qureshi

Cryptocurrencies Mixed As Wall Street Reacts To Powell’s Inflation Remarks

Major cryptocurrencies were trading mixed on Thursday as Wall Street analyzed remarks from Federal Reserve Chair Jerome Powell. PHOTO BY KANCHANARA/UNSPLASH

Major cryptocurrencies were trading mixed on Thursday as Wall Street analyzed remarks from Federal Reserve Chair Jerome Powell.

Powell acknowledged that inflation remains at elevated levels and indicated a need for lower economic growth to address this issue.

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