The post Bitcoin Price Reacts to Fed Chair Jerome Powell’s Remarks About Increasing Interest Rates appeared first on Coinpedia Fintech News On Friday, Jerome Powell, the Chair of the US Federal Reserve, opened up about how the central bank is prepared to raise the benchmark rates even more. Bitcoin’s price went down a bit when Powell spoke strongly, but now it’s up a bit at $26,200. This makes sense because, before the Jackson Hole event, bitcoin’s …
