St. Louis Federal Reserve Chairman James Bullard said that the sales transactions seen in Bitcoin and other cryptocurrencies do not pose a risk to the general financial system.
Speaking about the drop in cryptocurrency prices on Wednesday, Bullard said. “I don’t see this in itself as a concern for the system. We are all aware that crypto can be volatile. ” said.
Bitcoin price, per day Up to $ 30,006 fell. According to CoinGecko data, BTC at the time of writing From $ 37,086 trading.