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CoinGape 2022-08-26 14:46:11

Powell Warns Of Impending Pain, Bitcoin, Ethereum Plummet

Bitcoin (BTC) and Ethereum (ETH) plummeted immediately after Fed Chair Jerome Powell began the Jackson Hole speech. In one hour from start of the Fed Chair’s speech, BTC and ETH prices fell 1.83% and 1.80% respectively. This sharp fall comes at a time when macroeconomic factors are unfavorable to the cryptocurrency industry. Following the inflation The post Powell Warns Of Impending Pain, Bitcoin, Ethereum Plummet appeared first on CoinGape.

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