Bitcoin is a competitor to gold, not the US dollar, reiterates Fed’s Powell
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar.
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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