The price of Bitcoin experienced a slight rebound, trading around $42,400 after dropping below $42,000 on Wednesday. This rebound comes in the context of Jerome Powell, the Chairman of the Federal Reserve, tempering expectations of an interest rate cut in March. Nick Chatters, an investment manager at Aegon Asset Management, noted that while the Fed does not anticipate a reduction in March, a cut is expected later in the year.
Related Posts
Fidelity International Tokenizes Money Market Fund on JPMorgan’s Private Blockchain Fidelity International, a London-based fund management giant, has…
Weekly Update: Ethereum, Ripple, Cardano, Dogecoin & Shiba Inu Prices Surge
This week, cryptocurrency investors witnessed a surge in prices of some of the most popular digital coins, including…
Judge Imposes 25-Year Sentence on Sam Bankman-Fried
A judge Lewis Kaplan has just sentenced Sam Bankman-Fried or SBF, the founder and former CEO of the…
Crypto: a massive exodus of crypto companies in the UK?
The UK regulator had ordered crypto companies that are not in compliance with anti-money laundering standards to obtain a registration to operate legally in the territory.