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Bitcoin Pumps as Fed Signals Rate Pause, $415 Million in Shorts Get Rekt

Stocks and crypto rallied together after Governor Christopher Waller said he could back holding rates steady, with short sellers absorbing the brunt of the squeeze.

· 1 min read · 90 words · via Decrypt

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Wire briefing

Stocks and crypto rallied together after Governor Christopher Waller said he could back holding rates steady, with short sellers absorbing the brunt of the squeeze.

Source: Decrypt. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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