Bitcoin braces for Fed's Powell as GBTC outflows creep past $340M

Bitcoin price claws at the $43,000 mark as the hours tick down to key U.S. economic policy commentary from the Fed.

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Bitcoin (BTC) stayed under $43,000 at the Jan. 31 Wall Street open as risk assets dipped into a key United States economic policy update.

Data from Cointelegraph Markets Pro and TradingView showed BTC price action sticking to a range around $1,000 lower versus the previous day’s local high.

Markets were wary in the hours leading up to the Federal Reserve decision on benchmark interest rate changes, this coming in tandem with a speech and press conference from Chair Jerome Powell.

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