COINDESK DAILY: Bitcoin Tumbles as U.S. Inflation Higher Than Expected
Description
Host Christine Lee breaks down the latest news in the crypto industry including bitcoin's reaction to higher U.S. inflation in January.
U.S. inflation unexpectedly marched higher in January, sending crypto and traditional markets sharply lower. Fed Chair Jerome Powell is expected to speak before U.S. House representatives after telling Senate lawmakers the economy is in a good place and he is committed to addressing the "debanking" of crypto businesses. Plus, the the U.S. SEC acknowledges Solana ETF application filings and Japan considers approving a bitcoin ETF. CoinDesk's Christine Lee hosts "CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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