Bitcoin was “just like gold”--except virtual, Powell said at the New York Times’ DealBook Summit. On Wednesday, though, the Fed chair just may have tempered the hopes of Bitcoin bulls that ...
Roger Huang writes about Bitcoin and its wider impact on society. Multiple market players are now expecting the Federal Reserve to lower rates during the summer. The interplay between the Federal ...
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XRP and Bitcoin Rise. How the Fed Could Hurt Cryptos.XRP and Bitcoin were among the cryptocurrencies rising Wednesday as investors braced for the Federal Reserve’s latest interest-rate decision. XRP, which is used to settle transactions on Ripple ...
it would be nightmare for markets and maybe for the independence of the Fed," Druckenmiller, who said the bitcoin price and crypto markets have gone "crazy" along with broader markets this year ...
Federal Reserve Chair Jerome Powell addressed the perception of Bitcoin (CRYPTO: BTC) at the DealBook Summit on Wednesday, asserting that the cryptocurrency is more akin to gold than the U.S. dollar.
Bitcoin hovered near $100,000 after notching its biggest gain of the new year on reassuring US inflation data that lifted global markets by reviving bets on further Federal Reserve interest-rate cuts.
states like Texas and Florida are both pursuing strategic Bitcoin reserves,” Bratcher said in a discussion with Rob Nelson on Roundtable. “We’re hoping to beat the federal government to the ...
The Fed’s revised stance of fewer-than-expected rate cuts has spooked the markets, and Bitcoin (BTC) is no exception. It has given up some of its gains after a meteoric 150%+ run this year.
with bitcoin prices briefly trading at $64,000 on Monday morning. Over the weekend, the price of the world's largest cryptocurrency even flirted with $65,000 on the news that the Federal Reserve ...
“It raises confidence about disinflation in the economy and the likelihood of Fed rate cuts this year.” Demand for Bitcoin grew shortly after the Bureau of Labor Statistics reported that the ...
The two largest cryptocurrencies were down on Wednesday as digital asset traders waited on the Federal Reserve. Bitcoin, the largest token in terms of market capitalization, slipped 0.1% to $ ...
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