Federal Reserve Chair Jerome Powell has dismissed the concept of the Fed holding bitcoin, emphasizing authorized restrictions, as U.S. crypto insurance policies and market dynamics quickly shift. Why the Federal Reserve Can’t—and Received’t—Maintain Bitcoin Anytime Quickly Federal Reserve Chair Jerome Powell reiterated the central financial institution’s stance on bitcoin throughout a press convention Wednesday, following a price […]
Source link
U.S. PCE Inflation Rises To 2.9% YoY, Bitcoin Falls
The U.S. PCE inflation data have come in above expectations, signaling that inflation may be on the rise again. Bitcoin...
