Forbes: Fed Chairman's Policy Announcement This Thursday Could Be Good For Bitcoin

2020-8-26 00:28
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Forbes reported in an Aug. 25 article that Fed Chairman Powell would set an interest rate hike on Thursday. The details are unclear, but the new law could hurt the strength of the dollar in the long run. The huge impact on Bitcoin has become clear in recent months as Powell uses "bazooka" policies to curb inflation. “Bitcoin's earnings per share so far this year have outperformed other currencies such as the euro and the yen,” said Omkar Godball, analyst at CoinDesk.

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2020-8-25 23:56