Christopher Waller joins the Federal Reserve Committee to Influencing Monetary Policy

Christopher Waller was sworn in as a Federal Reserve Director on September 16 and joined the Federal Open Market Committee (FOMC). His dovish stance, including a tendency to cut interest rates by 25 basis points, may affect a shift in monetary policy, which may increase liquidity in traditional markets and indirectly affect cryptocurrencies’ valuations. Bitcoin is currently trading at $115,092.88, a daily increase of 0.40%.