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coinpedia
2022-08-27 02:26:03

Here’s How Crypto Market Reacted To Jerome Powell Speech

Here’s How Crypto Market Reacted To Jerome Powell Speech

The post Here’s How Crypto Market Reacted To Jerome Powell Speech appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideJerome Powell, the Federal Reserve Chairs’ Jackson Hole speech led to plunging of Bitcoin (BTC) and Ethereum (ETH) prices. The BTC price decreased by 1.83 percent, whereas the price of ETH decreased by 1.80 percent one hour into Powells’ speech. Powell began his speech by highlighting the need to bring inflation back to the goal …

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