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Bitcoin · Kevin Warsh · Federal Reserve (FED) ·

Bitcoin again closed in on the $81,000 mark on Thursday before dropping again as its stellar week continued

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Mathew Di Salvo.

The leading cryptocurrency was recently trading for $80,236 after notching as high as $80,793 earlier in the day in New York.

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Bitcoin's price is up ahead of Kevin Warsh’s first major speech as chairman of the Federal Reserve. Bitcoin again closed in on the $81,000 mark on Thursday before dropping again as its stellar week continued. Bitcoin is now up more than 2% over the past day after gaining 10% in a week. The Federal Reserve Bank of Kansas City will hold the annual event at Jackson Hole, Wyoming, where central bankers, Federal Reserve officials, policymakers and academics will gather to discuss “Financial Innovation: Implications for Payments and Policy.”

#Federal Reserve (FED) #Bitcoin #Kevin Warsh #Federal Reserve (FED)