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At the close of markets in the U.S., the S&P, Dow and Nasdaq all finished in the green, up 0.73%, 0.30%, and 1.01%, respectively. “In addition to the nearest hike, clues provided by Jerome Powell regarding the forecasted hiking schedule for 2023 will likely contribute to causing a volatile environment,” the analysts said. “Also, the BoE and ECB will hike interest rates this week, which may have spill-over effects on bitcoin as it may directly impact dollar strength.”
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