Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce

Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce

Market Analysis
March 10, 2023 by secret
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[ad_1] March started off on a low due to a resurrection of inflationary fears. On March 7, hawkish comments from United States Federal Reserve chairman Jerome Powell amplified the market’s expectation of a 50-basis point hike in the upcoming policy rate meeting on March 22 to March 23.  On March 8, the U.S. government’s $1