In the past 7 days, Bitcoin (BTC) failed to break through the $48,000 resistance, but the price remained flat even as Minneapolis Federal Reserve chairman Neel Kashkari bashed the industry.
During an appearance at the Pacific NorthWest Economic Region annual summit on August 17, Kashkari said:
“So far what I’ve seen is…95% fraud, hype, noise and confusion.”
Moreover, according to Yahoo Finance, Kashkari specifically targeted Bitcoin when he mentioned that its only use case has been funding…
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