Bitcoin Price Surges As Federal Reserve Reveals Plans To Provide Liquidity If Necessary
The post Bitcoin Price Surges As Federal Reserve Reveals Plans To Provide Liquidity If Necessary appeared on BitcoinEthereumNews.com.
The Bitcoin price saw a significant increase in the past 24 hours as the Federal Reserve made its move attuned to the current market dynamics. This is a favorable price move in that the Boston Federal Reserve president, Susan Collins, said the central bank’ “would absolutely be prepared” to exercise their firepower to stabilize financial markets if conditions became out of control. Bitcoin Price Responds Positively To The FED’s Response Bitcoin price has recorded robust growth in the last 24 hours. BTC’s 5.4% gain follows as the entire cryptocurrency market shows signs of recovery. Global crypto market capitalization has also increased by 4.61% to stand at $2.65 trillion. The bullish price action isn’t exclusive to Bitcoin, as the Ethereum price has also recorded gains of close to 3%. This has restored it to the $1,500 mark. The market-wide bounce would indicate that investors could be reacting positively to hints of support from financial regulators. Bitcoin’s price movement appears to be occurring in tandem with traditional financial markets, which have been processing both the implications of Trump’s tariff policies and the Federal Reserve’s statements about potential interventions. The correlation between cryptocurrency markets and traditional finance continues to be evident during periods of economic uncertainty and central bank policy discussions. Federal Reserve Prepared To Deploy Financial Tools If Needed In remarks to the Financial Times, Susan Collins highlighted the Fed’s readiness to act swiftly if market conditions become worse. “We have had to deploy quite quickly, various tools,” Collins noted. She referred to past interventions during chaotic market conditions. “We would absolutely be prepared to do that as needed.” This reassurance comes amid intense market reactions to President Trump’s tariff announcements. This has caused significant movement in both equity, bond and crypto markets. The volatility has been especially notable in the $29…
Filed under: News - @ April 12, 2025 6:16 am