The leading cryptocurrency changed hands near $42,700 at press time, a gain of about 4% on the day. A drop to $41,000 after Powell’s comments was short-lived, and the prices rose to $43,350 early today. Futures tied to the S&P 500 are pointing to a 0.32% gain. The index was little changed on Monday.
3 Reasons Bitcoin Is Staying Resilient to Powell’s Hawkish Remarks
