Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports

by CryptoExpert

August 26, 2024

in Business

Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports

Coinshares, led by researcher James Butterfill, reports a significant uptick in bitcoin inflows following recent comments from Federal Reserve Chair Jerome Powell. The investment surge reflects the market’s response to potential interest rate cuts hinted at during the Jackson Hole Symposium. Powell’s Comments Correlate With $543 Million Bitcoin Inflow, Coinshares Observes According to Coinshares, digital […]

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Novogratz Appears in Court Over Failed BitGo Deal: Report

US Lawmakers Propose the ‘ARMA’ Bill to Build a 1-Million-Bitcoin Strategic Reserve

Kraken to Expand in Dubai After VARA Approval

Tags: Bitcoin

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