Fed chair Powell just called bitcoin a 'speculative store of value' like gold — adding weight to the safe haven theory

Business Insider


· *The Federal Reserve Chairman, Jerome Powell, just said that bitcoin is a "speculative store of value" like how gold is used. *
· *It's a win for proponents of the theory that the US trade war has spurred investors to buy bitcoin as a way to diversify their portfolios.*
· *Trump yesterday slammed bitcoin and other crypto...

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