Bitcoin Dips to $42.4K as Fed’s Powell Pours Cold Water on March Rate Cut

Bitcoin dipped to $42,300, while crypto majors ETH, ADA, DOT fell 3%-4% with Solana’s SOL tumbling over 6%. Bitcoin remains in a channel consolidating without clear direction between $42,000 and …

Full story: https://www.coindesk.com/markets/2024/01/31/bitcoin-dips-to-424k-as-feds-powell-pours-cold-water-on-march-rate-cut/