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Benzinga Market Summary: Dow Closes Above 45K, Five Below Rises On Earnings, Bitcoin Rises
Bitcoin, Ethereum, Dogecoin Recover From Mid-Day Slump, Close Day Strong On Powell's 'Digital Gold' Remarks
S&P 500, Nasdaq, and Dow Hit Trading and Closing Records | Wall Street Today
Powell's informal discussion: There will be no 'shadow Federal Reserve'. The competitor of bitcoin is gold.
①Federal Reserve Chairman Powell shared his personal career experience on Wednesday and expressed his views on the new Trump administration, the US economy, bitcoin, and other issues; ②Powell emphasized that the independence of the Federal Reserve is protected by law and stated that Trump's envisioned "shadow Federal Reserve" is not possible.
Fed Chair Powell: Bitcoin Is 'Like Gold, It's Just Virtual And Digital'
Fed Chair Powell Says Central Bank Cannot Take Debt And Deficits Into Account In Setting Rates; Needs To Focus On Inflation; The Fed Is Far From A Situation Of Fiscal Dominance, Uses Its Tools To Achieve Mandate On Inflation And Jobs; Bitcoin Is Used...