Bitcoin revenues reached $543 million when Powell suggested a price cut, Coinshares reports
Coinshares, led by researcher James Butterfill, reported a spike in bitcoin earnings following recent comments from Federal Reserve Chairman Jerome Powell. The investment boom reflects the market's reaction to the interest rate cuts announced during the Jackson Hole Symposium. Powell's comments coincide with $543 million in Bitcoin outflows, according to Coinshares, a digital […]
