Bitcoin Price Surges As Federal Reserve Reveals Plans To Provide Liquidity If Necessary

Quick Summary:

The Bitcoin price saw a significant increase in the past 24 hours as the Federal Reserve made its move attuned to the current market dynamics.

This includes sending inflation “sharply higher,” increasing unemployment, and “significantly” weakening the country’s economic growth.

Susan Collins echoed these inflation concerns and stated that she expects inflation could “well be above 3 percent this year” as a result of the tariff implementations.

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Article Details

Author / Journalist: Vignesh Karunanidhi

Category: Crypto

Markets: IndiaChina

Topics: 24/7 Cryptocurrency News Bitcoin Bitcoin News Fed Federal Reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 19:30:34 (4 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 591 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27795240

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 28 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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