Last night was truly a "red-hot" night for the entire crypto market. The news from the FED caused many to lose their accounts, especially those who played high-leverage long positions without setting stop-losses. $300 million in leveraged positions were liquidated in just the last hour – an incredibly shocking figure! Important news from the FED last night: FED Chairman Jerome Powell affirmed that the Fed "is not allowed to own Bitcoin" and whether the US government should hold Bitcoin will be decided by Congress. But the FED has no intention of holding any Bitcoin.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.