(CNBC) Bitcoin rose above $23,000 after Federal Reserve Chair Jerome Powell addressed an economics forum in Washington, D.C., saying that inflation is coming down. Bitcoin added 1% to $23,236.80, according to Coin Metrics. Ether rose 1.3% to $1,667.63. Bitcoin struggled to hold the $23,000 level on Monday after dipping below that mark over the weekend.
Bitcoin rises above $23,000 after Fed Chair Powell says inflation is coming down
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