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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Elon Musk’s SpaceX and Tesla Join Amazon in Opposing OKXICE Tokenized Stocks Plan

Crypto.com to Shut Hong Kong App in February

New Jersey drops Coinbase staking case before midterms

Tags: Bitcoin

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