FED’s Powell Confirms Persisting Inflation, Could Tapering Stop Bitcoin’s Rally?

FED’s Powell Confirms Persisting Inflation, Could Tapering Stop Bitcoin’s Rally?

Bitcoin has dropped 3.8% in the 24-hour chart as the Chairman of the U.S. Federal Reserve Jerome Powell gave a speech on the current economic outlook. As of press time, the crypto market has negatively reacted to Powell’s statements as the intuition finally hints at a possible start of tapering. Related Reading | Can “Coin Days […]


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