Bitcoin climbs as FED confirms inflation is much too high

Bitcoin rose as much as 3% today as the chair of the Federal Reserve, Jerome Powell, directly addressed the American people, declaring that “inflation is much too high” and “we have the tools to bring inflation down.” Powell also gave the market some guidance as to what can be expected for the rest of the […] The post Bitcoin climbs as FED confirms inflation is much too high appeared first on CryptoSlate.