Bitcoin, Ethereum, Dogecoin Spike Marking An End To Bullish Q1 2024 — Analyst Says King Crypto Could Ascend To $75K Mark If It Breaches Neckline Resistance
Major cryptocurrencies rose on Sunday evening as Bitcoin surged back to $70,000 marking the close to an end of a positive first quarter for traders. What Happened: Over the Easter weekend, Bitcoin saw an increase of approximately $1,000, seemingly influenced by remarks from Jerome Powell, the Chair of the United States Federal Reserve. During an interview at the Macroeconomics and Monetary Policy Conference in San Francisco, California, Powell expressed a calm stance regarding both inflation and the economic outlook. The Federal Reserve, he emphasized, is not rushing to implement interest rate…