Bitcoin Holds Steady Above $17K, US Dollar Tepid Ahead of Powell Speech
Powell has now given his speech at Riksbank in Sweden and Bitcoin is currently at $17286 and starting to climb slowly
Bitcoin Holds Steady Above $17K, US Dollar Tepid Ahead of Powell Speech
Powell stresses need for Fed’s political independence while tackling inflation
- Fed Chairman Jerome Powell on Tuesday noted that stabilizing prices requires making tough decisions that can be unpopular politically.
- In other remarks, the central bank leader said the Fed is “not, and will not be, a ‘climate policymaker.’”