Fed Vice Chair Philip Jefferson has expressed caution regarding interest rate adjustments in the uncertain policy climate. This echoes previous sentiment from other officials, emphasizing the need for a cautious approach as changing conditions are assessed. The remarks were made after the FOMC decided to keep the policy rate unchanged. The crypto market saw mixed price action, with some assets sustaining gains while others experienced slight losses. Bitcoin and other digital assets recently experienced significant declines before a relief rally. Bitcoin is currently trading at $99,600, down 1.02% in the last 24 hours. However, some analysts believe that Bitcoin has reclaimed a critical demand zone and that the odds favor the bulls if a specific supply wall breaks.
Content Editor ( u.today )
- 2025-02-05
Fed Reserve Vice Chair's Statement Sparks Crypto Market Moves
