Jerome Powell
Why Crypto Whales Are Staying on the Sidelines of the Bitcoin Market
Bitcoin (BTC) is trading steadily above $17,000 ahead of an expected hawkish speech by Federal Reserve President Jerome Powell. IDX Digital Assets CIO Ben McMillan joins "First Mover" to discuss the recent price actions and why crypto whales are staying on the sidelines of the bitcoin market despite a risk reset in traditional markets.
Bitcoin стабільно тримається вище 17 тис. доларів США, долар США прохолодний перед виступом Пауелла
Голова Федеральної резервної системи має виступити на заході, організованому центральним банком Швеції.
Fed's Powell: 'Overarching Focus' Is Reducing Inflation
The U.S. Federal Reserve on Wednesday raised interest rates by 50 basis points, or half a percentage point, as it continues to slow the economy and moderate price increases. "Our overarching focus is to use our tools to bring inflation back down," Federal Reserve Chair Jerome Powell said.
Bitcoin Pares Gains as Federal Reserve Slows Rate Hikes
The U.S. Federal Reserve is raising interest rates by a half percent, as expected. Fed Chair Jerome Powell has signaled that the terminal rate, the peak rate for the current hiking cycle, is expected sometime next year. Bitcoin dropped below $18,000 on the news. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Той, хто не повинен впливати на Крипто
Крипто прагне функціонувати без монетарного нагляду, але цього року голова Федеральної резервної системи США довів, наскільки ця мета далека від реальності в час високих процентних ставок. Ось чому знову Джером Пауелл є ONE із найвпливовіших CoinDesk у 2022 році.
No ‘Brake’ for the Fed
Data shows that prices may not ease as quickly as expected. That may mean the Federal Reserve won’t back off from raising interest rates anytime soon. Higher rates tend to weigh on risky assets like bitcoin and other cryptocurrencies. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Powell’s Puzzle
U.S. financial conditions are easing. That’s putting more pressure on Fed Chief Jerome Powell to temper the expectations of investors who sent the prices of risky assets like cryptocurrencies higher on Wednesday in anticipation of lower rate hikes, as they downplay Powell’s comments that fighting inflation is still the Fed’s priority. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
