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Jerome Powell Declares Bitcoin a Speculative Asset, Not a Currency
1152+ Words Refined into 5 Facts by AI • 1 source • 0m ago
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- Jerome Powell stated Bitcoin is a speculative asset like gold.
- Powell emphasized Bitcoin's volatility and lack of payment usage.
- Bitcoin reached a record high after the US Presidential elections.
- Bitcoin's market valuation is $1.75 trillion, surpassing silver.
- Powell revealed he is not allowed to own cryptocurrency.
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