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Tag: Jerome Powell

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Fed Chair Jerome Powell Compares Bitcoin to Gold as BTC Surges to $99,000

In Brief Bitcoin jumped above $99,000 after Jerome Powell likened it to gold and Trump announced a pro-crypto SEC nominee. The Federal Reserve Chair emphasized Bitcoin as speculative, not a currency replacement, during the NYT DealBook Summit. Trump’s nominee, Paul Atkins, signals a potential shift to more crypto-friendly regulations and wider institutional adoption. Bitcoin surged…
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