In the markets, eyes were turned to messages from Powell and Yellen. You can watch the talks live here.
“As you know, the US government has stated that they are stuck on debt limits and wants the congress to approve the law change regarding this issue. US Treasury Secretary Janet Yellen and Powell recently spoke to Congress about their proposal and expressed some concerns about the future of the US economy. The statements of Powell and Yellen caused us to see a sharp upward movement in the US 10-years and DXY.
Janet Yellen and Powell are expected to speak at the Parliamentary Financial Services Committee today at 17.00 Turkish time. Experts warn that there may be fluctuations in the markets depending on the tone of the messages to be given here.
It is considered that Bitcoin and altcoins, which have recently been affected by sales in the US markets, may also be affected by this fluctuation.”
As of the news hour, Bitcoin is trading at $43200 and DXY at 94,283.