Home Bitcoin News Bitcoin Pushes Above $19K for First Time Since FTX Collapse – CoinDesk

Bitcoin Pushes Above $19K for First Time Since FTX Collapse – CoinDesk

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Steven Lubka, managing director of Swan Bitcoin’s personal shopper division, stated he expects inflation to proceed to melt within the first half of 2023, which ought to give the Fed room to throttle again on its monetary-tightening coverage. He cautioned, nevertheless, that client costs within the second half of the 12 months may not be so benign and that the central financial institution might must take care of a softening and even recessionary economic system alongside rising inflation.

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