Bitcoin and U.S. equities continued their upward trend after remarks made by Collins during an interview with the FT.
Updated Apr 11, 2025, 6:01 p.m. Published Apr 11, 2025, 5:53 p.m.
Key Takeaways:
- Boston Fed President Susan Collins expressed, “We would definitely be ready” to respond to challenging market conditions in her interview with the FT.
- Currently, Collins noted that markets are functioning effectively and the central bank isn’t facing liquidity issues.
- Bitcoin surged to nearly $84,000, increasing by 6% in the last 24 hours, as both the Nasdaq and S&P 500 reported gains of nearly 2% since Friday.
Stephen Alpher
Stephen serves as CoinDesk’s managing editor for Markets. Previously, he was the managing editor at Seeking Alpha. A native of the suburbs of Washington D.C., Stephen graduated from the Wharton School at the University of Pennsylvania with a major in finance. He holds Bitcoin above the disclosure threshold of $1,000 as set by CoinDesk.
