The post Bitcoin Tops $35K As Powell Goes Less Hawkish After FOMC appeared first on Coinpedia Fintech News
With the U.S. Federal Reserve’s Federal Open Market Committee keeping the Fed funds rates at a steady level between 5.25%-5.50%, Bitcoin skyrockets and tops the $35K barrier. Following the FOMC, Fed Chairman Jerome Powell keeps a slightly hawkish viewpoint for the future. Moreover, Powell highlighted the rising U.S. Treasury yields have been a key reason for tense financial situations. 
DTCC explains that the ticker code appearing is common for any potential ETF and clears the mist around approval. Nevertheless, with such an impulsive wave, the Bitcoin price prediction suggests an uptrend to the $40K mark soon. 
Following the rounding bottom breakout, the BTC price kept struggling to cross the strong supply at the $35K barrier. The 37% jump in Bitcoin price to reach $35K led to a sideways shift with long-range candles for more than a week. 
However, the recent FOMC meeting re

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