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Fed’s Powell Offers Bitcoin Bulls Glimmer of Hope as Price Drops to $45K

Fed’s Powell Offers Bitcoin Bulls Glimmer of Hope as Price Drops to $45K

Bitcoin prices slumped to a 12-day low on Tuesday, extending Monday’s double-digit fall from record highs. The biggest cryptocurrency by market value reached as low as $45,047 at 09:10 UTC – the lowest level since Feb. 11 – having dropped from the record high of $58,332 to below $48,000 on Monday, according to CoinDesk 20 data.








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