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Bitcoin Surges Past $99,000 Following Dovish Remarks From Atlanta Fed Preside...
After spending more than two weeks trading in the mid-$90,000 range, Bitcoin (BTC) is starting to climb toward the psychologically significant $100,000 mark. The flagship cryptocurrency surged past $99,000 following dovish remarks from Atlanta Federal Reserve Bank (Fed) President Raphael Bostic. Bostic’s Dovish Remarks Propel Bitcoin Beyond $99,000 Recently, Federal Reserve Chair Jerome Powell’s hawkish […]
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It's bullishness all round except for the U.S. dollar after Fed Chair Jerome Powell's latest speech, as Bitcoin gains $1,400 in under an hour. Bitcoin (BTC) gained almost $1,500 in under an hour on Aug. 26 after an "uber dovish" speech by Federal Reserve Chair, Jerome Powell.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price action charges upwardsSpeaking at the virtual Jackson Hole annual symposium, Powell hinted that the Fed would begin to reduce its asset purchases in place since the start of the Coronavirus pandemic.A long-awaited signal, the move, referred to as....
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It’s been a strong past two days for the crypto market, especially Cardano. Following up on Bitcoin’s 5% rally from its lows, ADA has gained 15% in the past 24 hours and even more in the past 48 hours. This makes it the best-performing cryptocurrency in the top 100 over the past 24 hours according […]