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Fed Minutes Reveal Growing Focus on Stablecoins Under New U.S. Law<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\nOutlook for Bitcoin<\/h2>\n
Bitcoin\u2019s sharp breakout above the $115,000 resistance zone now places the next technical target near the $120,000 level, where traders expect heavy profit-taking. If momentum holds, analysts suggest BTC could test new all-time highs before year-end.<\/p>\n
Still, short-term volatility remains likely, particularly as macroeconomic data and Fed commentary continue to drive investor sentiment. Yet, with liquidity conditions easing and institutional inflows persisting, Bitcoin appears poised to remain one of the primary beneficiaries of Powell\u2019s policy pivot.<\/p>\n
Bitcoin\u2019s rally underscores its unique position in global markets: a scarce, decentralized asset that thrives in times of monetary transition. Powell\u2019s Jackson Hole speech may have sparked Wall Street\u2019s rally \u2013 but Bitcoin is stealing the spotlight.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin (BTC) surged on Friday, breaking above $116,800, as optimism around Federal Reserve policy shifts reignited demand for digital assets.\u00a0<\/p>\n","protected":false},"author":7,"featured_media":150695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,108],"coin_category":[],"class_list":["post-167612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-price"],"acf":[],"yoast_head":"\n
Bitcoin Soars Above $116,800 as Powell\u2019s Fed Shift Boosts Crypto Demand<\/title>\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\t\n\t\n\t\n