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Bitcoin sinks below $71,000, stocks close at session lows, as 2026 Fed rate cut hopes fade further
📰 sources⭐ 9.0
TL;DR:
Fed chair Jerome Powell said rising energy prices are feeding into the inflation outlook, but "nobody knows" yet how lasting the impact will be.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.