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Tag Archives: jerome powell

Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar

The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly crypto could become a systemic risk to the USD. China’s “Belt and Road” initiative is expected to roll out a digital currency very soon, and the Fed Char was clear that the U.S. was doing its best to keep pace. An otherwise dull testimony from Federal Reserve...

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Uncertainty around Brexit and U.S.-China Trade War Makes Bitcoin an Attractive Bet

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