FOMC Minutes, Jerome Powell Speech: Will Bitcoin Recover or Retrace Further?

Bitcoin and altcoins falter ahead of the FOMC Minutes release and Jerome Powell speech due this week. Traders await these key macroeconomic events for cues to support a further rally. While the US government shutdown continues, Bitcoin recovery hinges on the dovish FOMC meeting minutes and FED Chair Jerome Powell as inflation concerns rise amid “debasement trade.”