Fed, Powell and Bitcoin

There’s a reason Fed chair Jerome Powell hates Bitcoin. And it’s a pretty good one
Then here comes Bitcoin, the decentralized, no-rules wild card of global finance. It’s absolutely no surprise that Powell is skeptical. But the reasons for
Fed Chair Jerome Powell Says, 'We're Not Allowed to Own Bitcoin' Amid Trump’s Push for Bitcoin Strategic Reserve
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell addressed the issue during a Dec. 19 press conference, emphasizing that the Fed is not pursuing any legislative changes to alter this position.
Powell says Fed cannot hold bitcoin, not seeking to change that
Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.
Bitcoin drops after Powell says Federal Reserve 'not allowed' to own the cryptocurrency
Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the cryptocurrency.
Bitcoin slides below $100,000, Federal Reserve's Powell rejects bitcoin reserve
"We’re not allowed to own bitcoin,” Federal Reserve chair Jerome Powell said. “The Federal Reserve Act says what we can own, and we’re not looking for a law change. That’s the kind of thing for Congress to consider, but we are not looking for a law change at the Fed."
Bitcoin Price Drops As Jerome Powell Says Federal Reserve ‘Not Allowed’ To Hold BTC
The price of Bitcoin is testing $100,000 after Fed Chair Jerome Powell issued a statement on the central bank’s ability to hold BTC. Powell took questions from reporters after announcing the Fed has lowered its key interest rate by a quarter percentage point in its third consecutive reduction.
Jerome Powell: Federal Reserve prohibited from holding Bitcoin
Fed rules out Bitcoin reserves as Chair Powell cites legal constraints. Bitcoin drops after rate cut, while Trump’s BTC reserve plan faces scrutiny.
Bitcoin dips below $96,000 as Jerome Powell dismisses speculation on Bitcoin reserves
Bitcoin dropped for the fourth day, influenced by Jerome Powell’s hawkish comments and a 25-basis-point Fed rate cut. Cryptos faced a sharp correction, with significant declines across major altcoins.
Jerome Powell Speech: Fed Chair Talks Upcoming Rate Cuts and Bitcoin Reserves
The Fed has implemented another 0.25% interest rate cut with Jerome Powell highlighting economic stability as guidance for future cuts
Bitcoin Suddenly Surges Back To $100,000 On Huge $20 Trillion Price Prediction
Bitcoin's drop of around 10% in the last 24 hours was dwarfed by ethereum and smaller, top ten cryptocurrencies that crashed ...
What does Trump’s crypto support mean for Americans?
A tiny bit of shine came off bitcoin when Federal Reserve Chair Jerome Powell poured cold water on the idea of the U.S.
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Bitcoin Price Dips Below $100K; Will It Recover To $108K Soon?
Bitcoin price has sharply declined today after Fed Chair Jerome Powell signaled a hawkish move ahead, but experts remained ...