The price of bitcoin experienced a significant spike following the Federal Reserve's decision on interest rates and comments from its Chairman Jerome Powell regarding cryptocurrencies. Powell briefly touched upon the issue of regulating digital currencies.
He emphasized that digital assets, including bitcoin, are an alternative form of investment, but he stressed the necessity of providing them with appropriate regulation to prevent illegal activities.
After the announcement by the Federal Reserve and Powell, the price of bitcoin rose more than 5% in a week, reaching over $58,000. The cryptocurrency market as a whole also showed positive dynamics.
Experts note that bitcoin and other digital currencies react to macroeconomic factors such as changes in interest rates or inflation expectations. At the same time, some analysts warn of the potential volatility of prices in the near future.
