Bitcoin price holds $17,000 in Fed Powell speech as GBTC hits multi-month highs
Bitcoin, crypto and risk-asset traders await dovish signals from Fed Chairman Jerome Powell ahead of news CPI data later in the week.
![Bitcoin price holds $17,000 in Fed Powell's speech as GBTC hits multi-month highs](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/57cc137e-d030-4183-8ba6-f199fb6f732c.jpg)
![Bitcoin price holds $17,000 in Fed Powell speech as GBTC hits multi-month highs](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvNTdjYzEzN2UtZDAzMC00MTgzLThiYTYtZjE5OWZiNmY3MzJjLmpwZw==.jpg?#)
Bitcoin, crypto and risk-asset traders await dovish signals from Fed Chairman Jerome Powell ahead of news CPI data later in the week.
![Bitcoin price holds $17,000 in Fed Powell's speech as GBTC hits multi-month highs](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/57cc137e-d030-4183-8ba6-f199fb6f732c.jpg)
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