Bitcoin Avoids Deep Bearish Correction as Powell Pledges New Stimulus

Bitcoin was holding steady above $9,100-support as the Federal Reserve Chairman Jerome Powell pledged to consider additional stimulus. The BTC/USD pair earlier recovered by more than 150 percent from its March 13 low on Fed’s expansionary policies. An analyst said Bitcoin might resume its uptrend towards or above $10,000. Bitcoin was motionless in early Wednesday trading session as traders refused to break its price below a concrete support level of $9,100. The cautious approach took […]

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