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CoinGape
2022-08-27 10:30:29

Can Bitcoin Rebound After Powell’s Doom And Gloom Speech?

Can Bitcoin Rebound After Powell’s Doom And Gloom Speech?

Fed chair Jerome Powell’s speech was anything but good news for the crypto markets. Bitcoin and the rest of the crypto market were showing strong rallies because of favorable inflation data. Bitcoin went up by 4% while Ethereum went up by more than 5%. However, Powell took an aggressive stance in his Jackson Hole speech. The post Can Bitcoin Rebound After Powell’s Doom And Gloom Speech? appeared first on CoinGape.

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