Bitcoin Pushes Near $19K for First Time Since FTX Collapse

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Steven Lubka, managing director of Swan Bitcoin’s private client department, said he expects inflation to continue to soften in the first half of 2023, which should give the Fed room to ease its monetary-tightening policy. He cautioned, however, that inflation in the second half of the year may not be so benign and that the central bank may have to deal with a softening or even recessionary economy alongside rising inflation.

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