Fed Rate Cut Signals Boost Crypto Inflows to $543 Million
Inflows into cryptocurrency investment funds reached $543 million from August 18 to 24, up from $30 million the previous week, according to CoinShares. Data: CoinShares. Analysts attributed the strengthening positive trend to Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium, during which he confirmed the possibility of a key rate cut in […]