Federal Reserve Branch Adds Cryptocurrency Price Indexes [Yes, Really]

in #fed • 6 years ago

Announced on Tuesday, the Federal Reserve Economic Data (FRED), a database curated by the St. Louis Fed, will now include pricing data for bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC), going back to as early as 2014 in the case of bitcoin.

Surprising article. Well, well, well, the Fed thinks crypto will be around/is important enough to track. Pretty big vote of confidence from a group that's not exactly crypto's number one fan. Even the price hasn't been great, I'm getting more and more bullish by the day.

Read the full story here...
https://www.ccn.com/federal-reserve-branch-adds-cryptocurrency-price-indexes-yes-really/

#crypto #bitcoin #ethereum #money
6 years ago in #fed by
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     6 years ago 

    Bitcoin holding above $6700...

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     6 years ago 

    You got a 4.66% upvote from @postpromoter courtesy of @onthehook8!

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       6 years ago 

      Sounds good to me

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