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The post Here’s How Crypto Market Reacted To Jerome Powell Speech appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Jerome Powell, the Federal Reserve Chairs’ Jackson […]
The post Here’s How Crypto Market Reacted To Jerome Powell Speech appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
Jerome Powell, the Federal Reserve Chairs’ Jackson Hole speech led to plunging of Bitcoin (BTC) and Ethereum (ETH) prices. The BTC price decreased by 1.83 percent, whereas the price of ETH decreased by 1.80 percent one hour into Powells’ speech. Powell began his speech by highlighting the need to bring inflation back to the goal …
