Bitcoin Tanks After Powell Says Fed May Keep Raising Interest Rates
Federal Reserve Chair Jerome Powell said interest rates may continue to rise in order to tame inflation, leading to a crypto market sell-off.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Federal Reserve Chairman Warsh delivers Monetary Policy Report to Senate, says nothing about crypto
Warsh's omission of crypto in his report suggests the Federal Reserve may delay regulatory actions on digital assets, impacting ma...
XRP Price Prediction: Binance Reserve Hits 6 Months Low
Binance’s XRP reserve just hit its lowest level since February as its price prediction turns slightly bullish. XRP price is hoveri...
Bitcoin Price Jumps Over $65,500 on Soft Inflation Data
Bitcoin Magazine Bitcoin Price Jumps Over $65,500 on Soft Inflation Data The Bitcoin price jumped over $65,500 on Wednesday after...
Bitcoin pushes toward $65,000 on US inflation relief that may already be fading
Bitcoin approached $65,000 on July 14 as a sharper-than-expected slowdown in US inflation weakened the case for another near-term...
BitMine made $46 million staking Ethereum then lost twice that betting on it
BitMine's push to turn one of the world's largest corporate Ethereum holdings into a source of recurring income generated nearly $...
USDC’s 72% surge exposed the expensive truth behind Circle’s stablecoin dominance
Circle incurred $1.4 billion in distribution costs connected to Coinbase in 2025, up from $924.5 million the year before, accordin...