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Bitcoin drops
Bitcoin slides below $100,000, Federal Reserve's Powell rejects bitcoin reserve
Part of the sell-off was catalyzed by Wednesday’s news that the Federal Reserve would not hold bitcoin in its reserve, prompting the world’s largest cryptocurrency to dip by 7
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 digital currency and signaled a more cautious approach to rate cuts in 2025. “We’re not allowed to own
bitcoin
.
Powell says Fed cannot hold bitcoin, not seeking to change that
By Michael S. Derby and Ann Saphir NEW YORK (Reuters) -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 falls 9%, dropping below $93,000
Price of bitcoin falls more than 10%
The price of bitcoin has tumbled about 12% from a record high reached earlier this week. After topping $108,000 for the first time on Tuesday, the world’s largest cryptocurrency dropped to a price below $93,000 in early trading on Friday. Bitcoin soon recovered some of those losses, settling around $95,000 at 9:30 a.m. ET.
Bitcoin Extends Falls Below $100,000
Bitcoin extended falls on profit-taking after it failed to sustain levels above $100,000, and Pepperstone said caution is warranted for now.
Bitcoin falls 9%, dropping below $93,000 as sell-off intensifies
Bitcoin fell sharply on Friday amid broader caution in risk assets. Bitcoin traded at around $92,808.07 at 6:57 a.m. ET on Friday, down around 9% from 24 hours before where it was priced above $102,000,
2h
Bitcoin Suddenly Surges Back To $100,00 On Huge $20 Trillion Price Prediction
Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies that crashed ...
1d
on MSN
Trump is looking to create a bitcoin strategic reserve. How would that work?
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers ...
18h
on MSN
What Would Be The Point Of A 'Strategic Bitcoin Reserve'?
President-elect Donald Trump has been promoting the idea of creating a ‘Strategic National Bitcoin Stockpile,’ but the ...
CoinDesk
2d
Bitcoin Slips to $101K, Altcoins Spiraling on Federal Reserve's Hawkish Tone
The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference ...
20h
on MSN
Will a Trump-backed U.S. bitcoin reserve power crypto’s next rally?
Dennis Porter is now seeing the culmination of years of hard work and his single-minded dedication to the idea that bitcoin ...
14h
on MSN
Crypto markets crash after epic rally, sending Bitcoin back below $100,000
Bitcoin and the broader crypto market tumbled on Friday as investors dumped digital assets after the Federal Reserve said it ...
decrypt
2d
Bitcoin, XRP and Dogecoin Fall Fast After Federal Reserve Cuts Rates
Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in ...
Detroit Free Press
4d
Trump plans to create a US bitcoin strategic reserve. How would that work?
This would represent about 5% of the total global supply of
bitcoin
of around 21 million. The Treasury would fund the ...
19h
Cryptocurrencies Bitcoin, XRP, and Shiba Inu are rebounding after the Fed's hawkish pivot
Some may have seen Powell's comments as handing the market a lump of coal for Christmas. But the Fed's new projections should ...
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