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S&P 500 Hits 3,000 and BTC Falls as Powell Voices Libra Concerns

Mayur Sontakke, CFA, FRM
S&P 500 Hits 3,000 and BTC Falls as Powell Voices Libra Concerns

Fed Chair Powell’s testimony to Congress concluded yesterday. During his testimony, Powell said that Libra, Facebook’s (FB) cryptocurrency project, raises "serious concerns."