How Bitcoin Responded to Powell's Testimony on Capitol Hill

Media Coverage
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Arca
March 15, 2023
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How Bitcoin Responded to Powell's Testimony on Capitol Hill
Arca
Littlebanc
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7 mins

U.S. Federal Reserve Chair Jerome Powell made a notable change from his Senate testimony on Tuesday, compared to his prepared remarks before the House on Wednesday. The central bank chair said no decision has been made on the size of the coming March rate hike. Arca Head of Research Katie Talati discusses the impact of Powell's remarks on bitcoin (BTC). Plus, her take on the Grayscale Bitcoin Trust (GBTC) discount narrowing and Alameda Research's lawsuit against...

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