Bitcoin drops

Powell says Fed cannot hold bitcoin, not seeking to change that
Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.
Bitcoin drops after Powell says Federal Reserve 'not allowed' to own the cryptocurrency
Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the cryptocurrency.
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position.
Bitcoin Tests $100,000 After Fed Spurs Worst Drop Since September
Bitcoin briefly sank below $100,000 as the Federal Reserve’s cautious outlook for interest-rate cuts hurt speculative investments.
Jerome Powell: Federal Reserve prohibited from holding Bitcoin
The Federal Reserve has dismissed the possibility of holding a Bitcoin reserve, citing legal and institutional limitations. Fed Chair Jerome Powell reiterated this stance during a routine press conference following the year’s final Federal Open Market Committee (FOMC) meeting,
Fed Chair Slams Brakes on Bitcoin Reserve Despite Trump’s Pledge
The Federal Reserve announced a 25-basis-point rate cut at the final FOMC meeting of 2024. Fed Chair Jerome Powell stated the central bank is not
Fed is not 'looking for a law change' to own bitcoin, Powell says
Federal Reserve Chair Jerome Powell fields questions from reporters after the central bank announced it had lowered its key interest rate by a quarter percentage point, marking the third consecutive reduction.
Bitcoin Retreats From Record High After Fed Cools Risk Appetite
Bitcoin fell for the first time in four days with speculative bets being pared across financial markets after Federal Reserve ...
Bitcoin could soar to $500,000 if the US starts buying the token, crypto fund CIO says
Bitwise CIO Matt Hougan said he saw the odds of a bitcoin reserve becoming reality at about 50%, while the implications for ...
The Fed’s ‘Biggest Nightmare’ Is Suddenly Coming True As Bitcoin Price Surges
Now, as a leak reveals Russia could be poised to beat the U.S. to a bitcoin reserve, the Federal Reserve has been warned its ...
Here's what to know before 'taking some risk off the table' with bitcoin profits, advisor says
The price of bitcoin sailed past $100,000 in early December and was still up more than 130% year-to-date, as of Dec. 18. Some ...
World's first Bitcoin nation scales back crypto dream
El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back ...
Bitcoin: Trading The End Of Days
Bitcoin has to go up a long way from current levels to be attractive at $100,000. Are we around the top or are we in a ...
Should you buy bitcoin below $115,000?
Once President-elect Donald Trump won on election night, Bitcoin and the rest of the crypto sector soared. Since Nov. 5, ...
El Salvador Made Bitcoin an Official Currency. Now It’s Backtracking for IMF Loan.
The government of El Salvador’s President Nayib Bukele agreed to scale back his ambitious plan to adopt bitcoin as a national ...