Buy #Bitcoin Funds After Powell's Speech
Yesterday, Jerome Powell spoke at a conference in Jackson Hole, stating in plain text that: "It's time to change Fed policy" and stating that he is ready to lower interest rates in September. Against this backdrop, BTC recorded a 5% growth and its price almost reached $65,000. The fund also contributed to the growth of BTC, sending $252 million to the ETF on Friday.
🚀 Analysts at 21Shares note that in March 2020, when the Fed cut interest rates by 1.50% to near-zero, the total crypto market capitalization grew by 450% by year-end, and the price of BTC
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