May 16, 2025

Bitcoin Prices Show Limited Movement as Fed Chair Jerome Powell Delivers Critical Policy Report

1 min read

FED Chairman Jerome Powell testifies before the Senate Banking Committee, presenting the Semiannual Monetary Policy Report. Bitcoin and gold prices rise slightly as Powell begins his speech, although investors proceed with caution. “Recent labor market data signal a significant cooling, bringing it back to pre-pandemic levels,” Powell notes. Jerome Powell’s Congressional Testimony Sparks Interest in

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