#BTCBackto100K Bitcoin recovered price levels not seen for more than 2 months.

The market was expecting something, anything. A hint, a wink, a loose phrase that would allow projecting what the U.S. Federal Reserve (Fed) will do with interest rates for the rest of the year.

But Jerome Powell, the chair of the Fed, spoke and said nothing. Or rather, he said a lot without saying anything. His speech was timid, lacking conviction, predictable, and more akin to an artificial intelligence chatbot than the president of the most influential central bank in the world.