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Bitcoin Dips Below $20K After Fed Chair Powell's Hawkish Speech

Bitcoin slid below $20,000 Monday as investors continued to digest U.S. Federal Reserve Chairman Jerome Powell's vow to continue the monetary hawkishness the central bank adopted earlier this year. GSR OTC Trader Luke Farrell discusses what to expect from the Fed in September and the potential impact on the crypto markets. Plus, his take on the upcoming Ethereum merge and institutional activity.