volatility News

Fed's Powell: Bitcoin's Volatility Makes It Unfit to Rival the Dollar

Federal Reserve Chair Jerome Powell criticizes Bitcoin, stating its high volatility makes it unsuitable as a currency. Powell describes Bitcoin as a 'virtual gold' and emphasizes t...

Fed's Powell Questions Bitcoin's Suitability as a Currency Amid Volatility Concerns

Federal Reserve Chair Jerome Powell criticizes Bitcoin, stating its high volatility makes it unsuitable as a currency. Powell refers to Bitcoin as a 'virtual gold' and emphasizes t...

Fed's Powell: Bitcoin's Volatility Makes It Unfit to Challenge the Dollar

Federal Reserve Chair Jerome Powell criticizes Bitcoin, stating its volatility makes it unsuitable as a currency. Powell describes Bitcoin as 'virtual gold' and emphasizes the need...

Fed Chair Powell Questions Bitcoin's Suitability as a Currency Amid Volatility Concerns

Federal Reserve Chair Jerome Powell questions Bitcoin's suitability as a currency due to its volatility, suggesting it competes more with gold than the dollar. Powell also emphasiz...