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cryptonews

2023-02-01 21:24:00

Crypto Surges as Fed Recognizes Disinflation - But Can Crypto Deal With a US Recession?

Crypto Surges as Fed Recognizes Disinflation - But Can Crypto Deal With a US Recession?

Cryptocurrency prices lurched higher on Wednesday in wake of more dovish than expected remarks from Fed Chairman Jerome Powell, who was speaking as usual in the post-Fed policy announcement press conference. Risk assets, including stocks, surged as Powell acknowledged that the central bank has made progress in its fight against inflation and said that the “disinflation process has started”.... Read More: Crypto Surges as Fed Recognizes Disinflation - But Can Crypto Deal With a US Recession?

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