Fed Chair Jerome Powell stated that the central bank could not and would not hold Bitcoin.
The Fed interest rates cut by 0.25%, lowering the target range to 4.50%-4.75%, continuing its efforts to adjust monetary policy.
Digital asset investment products saw $436 million in inflows after weeks of $1.2 billion in outflows.
Fed Chair Powell dismisses the March rate cut, citing a lack of confidence in the inflation trend.
The central bank adjusted the Fed interest rates outlook for year-end 2024, revising them down from 5.1% to 4.6%.
Fed Governor Chris Waller speech was held in Washington with confidence in the US economy's current state.
According to minutes from the FOMC September Minutes policy meeting, which were published on Wednesday, the majority of officials indicated…
Bitcoin has witnessed a resurgence in its price, inspiring optimism among traders, as it climbs back toward the $27,000 mark.…
Litecoin (LTC), one of the prominent cryptocurrencies, has been grappling with a persistent resistance level since mid-August. Despite multiple attempts…
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