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Bitcoin, Ethereum Technical Analysis: BTC, ETH Stall Ahead of Powell Testimony – Market Updates Bitcoin News

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BTC, ETH maintain consolidation ahead of Powell testimony.

The head of the U.S. Federal Reserve will be speaking in front of the Senate Banking Committee later in the day. Ethereum was also largely unchanged, as it traded close to a support point.) continued to trade sideways on Tuesday, as market uncertainty remained high ahead of Fed Chair Powell’s testimony.

Many believe that Powell will give some forward guidance into the Federal Reserve’s current thinking, and how aggressive they may be in their upcoming meeting.

 

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