Crypto News Today
The impact of the Federal Open Market Committee on Bitcoin? Cryptocurrency markets are watching Donald Trump and Jerome Powell. Will Bitcoin rally after pivotal FOMC meeting on January 29? In November last year, Donald Trump said his administration would look into the matter Lower interest rates even furtherAnd reduce the burden on consumers. Since then, … Read more
Why did encryption decline? Federal Reserve Chairman Jerome Powell’s latest monetary policy update hit the cryptocurrency markets like a hammer. Bitcoin, which had crossed the $100,000 line, stumbled, falling 4.6% to $101,300 after the 25 basis point interest rate cut was announced. Ethereum followed suit, falling 5.96% and landing at $3,600 in the aftermath. What’s … Read more
President-elect Donald Trump has shut down speculation about Jerome Powell’s removal from his position as Chairman of the Federal Reserve. This speculation comes from his saying during the election campaign that he would assume the presidency of the Central Bank and would be responsible for the economy himself. But now, in an interview on NBC … Read more