Bitcoin Falls 3% to US$77,838 After Fed Chair Warsh's Speech

Bitcoin Falls 3% to US$77,838 After Fed Chair Warsh's Speech

Bitcoin fell 3.01% to US$77,838 on Friday after Fed Chair Kevin Warsh's hawkish Jackson Hole speech revived rate-rise bets, with Latin America's stablecoin trade in focus. The post Bitcoin Falls 3% to US$77,838 After Fed Chair Warsh’s Speech appeared first on The Rio Times.

Gold posts nearly 1.86 pc weekly dip over hawkish stance of US Fed Reserve

New Delhi, Aug 29 (IANS) Gold prices dipped nearly 1.86 per cent as markets digested higher‑than‑expected inflation data and a hawkish debut speech by US Federal Reserve Chair Kevin Warsh… Continue reading Gold posts nearly 1.86 pc weekly dip over hawkish stance of US Fed Reserve The post Gold posts nearly 1.86 pc weekly dip over hawkish stance of US Fed Reserve first appeared on Australia India News.

Fed Chair’s Strong Economy Message: What It Means for Treasury Yields and Bitcoin

Strong consumer spending and stable jobs reduce the urgency for near-term Fed rate cuts. PCE inflation at 3.7% keeps the possibility of a September Fed rate hike on the table. Higher Treasury yields pressure stocks and Bitcoin while borrowing costs stay elevated. Federal Reserve Chair Kevin Warsh...