December 25, 2024

Rise To Thrive

Investing guide, latest news & videos!

Bitcoin Inflows Reach $543 Million as Powell Suggests Rate Cuts, Coinshares Reports

1 min read
Bitcoin Inflows Reach 3 Million as Powell Suggests Rate Cuts, Coinshares Reports
Bitcoin Inflows Reach 3 Million as Powell Suggests Rate Cuts, Coinshares ReportsCoinshares, 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 […]