Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,417,603,649,283.79
  • 24h Vol: $58,819,303,335.13
  • BTC Dominance: 56.54%

Jackson Hole

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Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports

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Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge reflects the market’s response to potential interest rate cuts hinted at during the Jackson Hole Symposium. Powell’s Comments Correlate With $543 Million Bitcoin Inflow, Coinshares Observes According to Coinshares, digital […]

Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports Read More »

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Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

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Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s commitment to achieving its 2% inflation target while maintaining a strong labor market. Rate Cuts Possible as Powell Expresses Confidence

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