US Investors Turn to Bitcoin: Powell's Words Draw Billions to the Market!

Julio Moreno, an executive at the on-chain data and analytics platform CryptoQuant, evaluated the current status of Bitcoin (BTC).

Julio Moreno discussed Bitcoin in his X post dated August 23. He reported that US investors are turning more to #Bitcoin following the dovish rhetoric of US Federal Reserve Chairman (#FED ) Powell.

Jerome Powell said during his statements yesterday, "It's time to change policy." According to experts, this means that the Fed will cut interest rates.