Jerome Powell
Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Sell-Off
Market participants were uncertain about the size of the rate cut prior to the Fed meeting, laying the groundwork for market volatility.
Fed Chair Jerome Powell: Time Has Come for Policy to Adjust
Bitcoin rose in the immediate aftermath of his remarks at the Fed's Jackson Hole conference.
Bitcoin Pops Over $61K, XRP Leads Gains Among Majors
Some traders expect market movements nearer to Friday when Federal Reserve chair Jerome Powell is scheduled to speak at the Jackson Hole symposium.
Fed Chair Powell on Elevated Inflation; Could Trump's Crypto Enthusiasm Help Win Votes?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Federal Reserve Chairman Powell stated that elevated inflation is not the only risk faced by the economy. Plus, layer-2 network Starknet will open staking on its ecosystem by the end of 2024, and will former President Donald Trump's recent embrace of crypto win him more votes?
Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress
Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.
Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.
Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico
Powell also said a CBDC would need Congress' approval before the Federal Reserve will act.
Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut
"The market has gotten ahead of itself on the rates side," said one analyst.
Fed Leaves Rates Unchanged, Sounds Hawkish Note on March
Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.
Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
Investors will monitor Fed Chair Jerome Powell's press conference Wednesday for signs of potential rate cuts next year.
