Jerome Powell, the Chairman of the Federal Reserve, stated at a press conference following the FOMC on the 18th (local time) in response to a question about the introduction of a Bitcoin (BTC) strategic reserve, “We cannot hold Bitcoin, and we do not expect related policies to change,” adding, “That is the purview of Congress.”
Meanwhile, BTC is trading at $101,420.22, down 4.56% from the previous day, as of 05:18 on the 19th in the Binance Tether (USDT) market.