ABU DHABI / WAM The World Future Energy Summit, taking place at ADNEC Centre Abu …
Read More »Bitcoin mirrors stock rebound on Powell’s upbeat economic tone
Bloomberg Bitcoin edged higher for a third day following reassurance from Federal Reserve Chairman Jerome Powell that the US economy was strong enough to weather tightening monetary policy. The largest cryptocurrency continued to mirror the US stock market, which swung between gains and losses in the wake of the Fed’s first interest rate increase since 2018. Investors have expressed concern …
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