“There is a strong possibility that in the press conference, Powell will be more hawkish and re-tighten financial conditions. For that reason, we could see a healthy short-term correction in crypto and all risk assets,” Nauman Sheikh, head of treasury at crypto asset management firm Wave Financial, said.

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• Source: https://www.coindesk.com/markets/2023/01/31/fed-preview-powell-to-trigger-healthy-pullback-in-bitcoin-experts-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines