Bitcoin Endorsed By US Fed Chair Powell And Russia’s Putin In Historic Shift

Quick Summary:

In an unprecedented turn of events, Bitcoin received endorsements from two of the world’s most influential leaders yesterday.

US Federal Reserve Chair Jerome Powell and Russian President Vladimir Putin independently acknowledged the cryptocurrency’s growing significance during separate events on December 4, 2024.

Putin also commented on the global shift away from the dollar: “Even the countries that are allies of the US reduced their currency reserves in dollars and in euros.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: Hungary

Topics: Bitcoin Jerome Powell Bitcoin News Btc price BTC news Bitcoin Vladimir Putin Bitcoin news US Fed Bitcoin Bitcoin price Vladimir Putin News Btc US Federal Reserve Bitcoin Jerome Powell News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-05 @ 12:00:19 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 772 words

Reading Time: 5 minutes read

Sentences: 57 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24138630

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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