Bitcoin Under $30K as Markets React to Hawkish Fed Policy

#Bitcoin dipped under $30,000 a day after @federalreserve chair Jerome Powell pledged to keep tightening monetary conditions until inflation weakens. Could $BTC extend its seven-week losing streak? Chart of the Day takes a look, presented by @cryptocom:

Bitcoin, Federal-Reserve

5/19/2022 12:30:00 AM

Bitcoin dipped under $30,000 a day after federalreserve chair Jerome Powell pledged to keep tightening monetary conditions until inflation weakens. Could $BTC extend its seven-week losing streak? Chart of the Day takes a look, presented by cryptocom:

Bitcoin dipped under $30,000 Wednesday, a day after Federal Reserve chair Jerome Powell pledged to keep tightening monetary conditions until inflation shows signs of weakening. Could BTC extend a seven-week losing streak? 'All About Bitcoin ' host Christine Lee breaks down the Chart of the Day.

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federalreserve cryptocom Investing in bitcoin has always been a medium or even long term commitment. Even though I would love to see higher prices, I am not worried because I am going to stick with the plan. Money always goes from the impatient to the patient. 👩‍💼 federalreserve cryptocom bitcoin is the 1 asset.

Fear & Greed Index hits lowest since March 2020 even as Bitcoin price hits $30.5KThe price is up, but so is fear. Bitcoin returned to $30,500 while the Crypto Fear & Greed hit 8/100, its lowest value since March 28, 2020. (Reporting via WilliamSuberg)

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U.S. stock futures slip a day after solid market bounceInvestors are waiting to see if markets can build on Tuesday's gains, but wary after a set of hawkish comments by the Fed Chairman.

Bitcoin Stalls at $30K, Ethereum Struggles to Remain Above $2K (Market Watch) Bitcoin has slipped below $30,000, while Ethereum is fighting to remain above $2,000. Most of the market is slightly in the red.

May 18, 2022 Bitcoin dipped under $30,000 Wednesday, a day after Federal Reserve chair Jerome Powell pledged to keep tightening monetary conditions until inflation shows signs of weakening. Could BTC extend a seven-week losing streak? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.