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

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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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