One clear message received from Janet Yellen’s testimony: ‘Buy bitcoin’

in #cryptocurrency7 years ago

MW-FQ133_yellen_20170712122254_ZH.jpg

While Yellen was busy doing her thing, an opportunistic bitcoin fan took it upon himself to hold up a “buy bitcoin” sign.

Of course, that wasn’t the Fed chair’s message. She was more focused on interest rates. Nor was it a photoshopped internet hoax perpetrated by some crypto junkie aiming for a viral Reddit hit.

Desperate times call for desperate measures?

Bitcoin BTCUSD, +2.43% has been getting obliterated lately. Actually, the entire crypto market has been crushed over the past month.

Still, bitcoin is in the midst of a remarkable bull market, as you can clearly see by this chart of the past year:
MW-FQ136_downlo_20170712125101_NS.png

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One of the rare moments that her words aren't ambiguous.

thank you to enrich my blog post, if you find my content interesting please up vote me, thank you!

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