Fed Chair Jerome Powell said Bitcoin does not pose a risk to the dominance of the US Dollar during recent public remarks.

He noted that Bitcoin functions more as a speculative asset than a competing currency in the global financial system.

Powell added that the Federal Reserve continues monitoring digital assets as adoption accelerates across markets.

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Fed Chair Jerome Powell said Bitcoin does not pose a risk to the dominance of the US Dollar during recent public remarks. He noted that Bitcoin functions more as a speculative asset than a competing currency in the global financial system. Powell added that the Federal Reserve continues monitoring digital assets as adoption accelerates across markets. Download the Movement Market app in my bio and start trading memecoins 🚀
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