Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

„We expect a 75 basis point rate hike in September, and do not expect there to be a drastic effect on the markets should that come to pass, followed by successive rate hikes until inflation is reined in and the unemployment rate returns to a healthier number,“ Josh Olszewicz, head of research at digital asset fund manager Valkyrie Investments, wrote in an email immediately after the speech.

Source link

Hinterlasse jetzt einen Kommentar

Kommentar hinterlassen

E-Mail Adresse wird nicht veröffentlicht.


*