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Federal Reserve Chair's Statement Raises Concerns About Bitcoin's Future Trajectory

June 16 (Cointime) - Investors are worried about the future of Bitcoin's price following Federal Reserve Chair Jerome Powell's recent statement about interest rates. Speculation is growing about a potential crash that could bring Bitcoin's value down to $20,000.

The US Federal Reserve has decided to keep the federal funds rate at its current level, which has disappointed crypto market participants hoping for a rally.

Binance and its US affiliate are in talks with the SEC to settle a dispute and avoid having the platform's assets frozen by a court order. 

Bitcoin Bitcoin $97,517.77
+0.76%
Bitcoin Federal Reserve SEC
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