Jerome Powell steps down as Fed chair amid Bitcoin’s cloudy outlook: ‘Going to face some tests’
Analysts were cautious of Bitcoin and crypto's next move amid sticky inflation.
News Analysis
This analysis is for informational purposes only and does not constitute investment advice
Bitcoin's price has been volatile, and analysts are concerned about the potential for further price fluctuations. The Fed chair, Jerome Powell, is stepping down, and the market is watching what next for the cryptocurrency.
