The crypto market wavered today, February 17, as traders watched several potential catalysts, including Federal Reserve statements and the happenings in the Middle East.
Summary
- The crypto market wavered after Austan Goolsbee said that he supported more interest rate cuts.
- He believes that more cuts will be necessary if inflation continues falling.
- The statement came a day before the Fed published the minutes of its last monetary policy meeting.
Crypto market on edge after a dovish statement by Austan Goolsbee
Bitcoin (BTC) price was little changed at $67,000, while Ethereum (ETH) was trading at $1,980. The market capitalization of all coins dropped by 0.15% in…
