Federal Reserve Bitcoin

Bitcoin drops

Bitcoin slides below $100,000, Federal Reserve's Powell rejects bitcoin reserve

Part of the sell-off was catalyzed by Wednesday’s news that the Federal Reserve would not hold bitcoin in its reserve, prompting the world’s largest cryptocurrency to dip by 7

Austin American-Statesman · 2d

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 digital currency and signaled a more cautious approach to rate cuts in 2025. “We’re not allowed to own bitcoin.

Reuters on MSN · 2d

Powell says Fed cannot hold bitcoin, not seeking to change that

By Michael S. Derby and Ann Saphir NEW YORK (Reuters) -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 falls below $100,000

USA Today · 16h

Cryptocurrencies Bitcoin, XRP, and Shiba Inu are rebounding after the Fed's hawkish pivot

Some may have seen Powell's comments as handing the market a lump of coal for Christmas. But the Fed's new projections should not have been surprising.

Markets Insider on MSN · 1d

Bitcoin falls below $100,000 as hawkish rate outlook weighs on crypto

Crypto's total market cap dropped nearly 7% in the last day. Bitcoin fell below six figures after hitting a record above $108,000 earlier in the week.

Barron's on MSN · 1d

Bitcoin Price Falls. Why the Crypto Is Having a Tough Week.

The entire crypto sector has come under pressure in the wake of the stock market pullback following hawkish Fed outlook for 2025.

1don MSN

Trump is looking to create a bitcoin strategic reserve. How would that work?

President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers ...

15hon MSN

What Would Be The Point Of A 'Strategic Bitcoin Reserve'?

President-elect Donald Trump has been promoting the idea of creating a ‘Strategic National Bitcoin Stockpile,’ but the ...

19hon MSN

Price of bitcoin falls more than 10%

The price of bitcoin has tumbled about 12% from a record high reached earlier this week. After topping $108,000 for the first ...

CoinDesk2d

Bitcoin Slips to $101K, Altcoins Spiraling on Federal Reserve's Hawkish Tone

The Federal Reserve cut rates by 25 basis points as expected, but Fed Chair Jerome Powell's hawkish press conference ...

16hon MSN

Will a Trump-backed U.S. bitcoin reserve power crypto’s next rally?

Dennis Porter is now seeing the culmination of years of hard work and his single-minded dedication to the idea that bitcoin ...

10hon MSN

Crypto markets crash after epic rally, sending Bitcoin back below $100,000

Bitcoin and the broader crypto market tumbled on Friday as investors dumped digital assets after the Federal Reserve said it ...

decrypt2d

Bitcoin, XRP and Dogecoin Fall Fast After Federal Reserve Cuts Rates

Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in ...

2hon MSN

HYPE, MOVE, BGB bucked market trend as Bitcoin crashed to low 90s this week

Bitcoin's volatile week sees a crash below $100K, while top performers HYPE, MOVE, and BGB defied the late week downtrend ...

Detroit Free Press4d

Trump plans to create a US bitcoin strategic reserve. How would that work?

This would represent about 5% of the total global supply of bitcoin of around 21 million. The Treasury would fund the ...

cryptoglobe7h

Bitcoin Whales Scoop Up $1 Billion Worth of BTC During Dip

The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 ...

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