Home / Market Update (page 107)

Market Update

Bitcoin Ascends as Fed Acknowledges Crypto’s Place in Banking

Bitcoin (BTC) experienced a notable price surge, exceeding $105,000, after the Federal Reserve opted to maintain its current interest rate levels. A significant catalyst for this upward movement was Federal Reserve Chairman Jerome Powell’s commentary regarding the role of banks in serving cryptocurrency clients.Powell’s Words and Market RepercussionsPowell stated that …

Read More »