Bitcoin and the wider crypto market jumped Wednesday after Federal Reserve Chair Jerome Powell said in a speech that December would likely bring smaller interest rate hikes. The biggest cryptocurrency by market cap was trading for $17,102 at the time of writing—up 2% in the hour after Powell’s speech and over 4% in the past 24 hours, according to CoinGecko. (Decrypt)
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Bitcoin, Ethereum Jump as Fed Chair Signals Slowing Rate Hikes
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Cointime August 4 News Express
1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX -
Crypto community slams WazirX’s 'socialized losses' plan after hack
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Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
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