<\/p>\n

Check out what’s clicking on FoxBusiness.com. \n<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Bitcoin<\/a> was trading 4.05% higher on Friday morning.<\/p>\n

The price was just above $45,000 per coin, while rivals Ethereum and Dogecoin were trading around $3,119 (+4.59%) and 20.6 cents (+2.61%) per coin, respectively, according to Coindesk.<\/p>\n

ELON MUSK SAYS CRYPTOCURRENCY REGULATORS SHOULD ‘DO NOTHING’ AND ‘LET IT FLY’<\/strong><\/a><\/p>\n

During a two-hour meeting Thursday with members of the House Financial Services Committee, U.S. Federal Reserve Chairman Jerome Powell said he does not intend to ban cryptocurrencies, but said stablecoins need greater regulatory oversight.<\/p>\n

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Bitcoin was trading 4.05% higher on Friday morning. (iStock)<\/span><\/p>\n<\/div>\n<\/div>\n
The meeting was designed to serve as a forum for representatives to ask Treasury Secretary Janet Yellen and Powell about the Treasury Department\u2019s and Federal Reserve\u2019s pandemic response, but featured several questions about cryptocurrencies, Coindesk reported.<\/p>\n
CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/a><\/p>\n
Powell\u2019s remarks come two days after he asked Congress for consultation and legislative support to develop the digital dollar, the report said. Crypto community members have speculated the establishment of a U.S. A U.S. central bank digital currency, or CBDC, would lead to bans on private crypto, as was recently seen in China, but Powell\u2019s remarks suggest otherwise.<\/p>\n<\/div>\n

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Check out what’s clicking on FoxBusiness.com. Bitcoin was trading 4.05% higher on Friday morning. The price was just above $45,000 per coin, while rivals Ethereum and Dogecoin were trading around $3,119 (+4.59%) and 20.6 cents (+2.61%) per coin, respectively, according to Coindesk. ELON MUSK SAYS CRYPTOCURRENCY REGULATORS SHOULD ‘DO NOTHING’ AND ‘LET IT FLY’ During […]<\/p>\n","protected":false},"author":1,"featured_media":6980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[36,81,2097,4709,44,898,739,1397],"class_list":{"0":"post-6979","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dogecoin","8":"tag-bitcoin","9":"tag-dogecoin","10":"tag-early","11":"tag-edging","12":"tag-ethereum","13":"tag-friday","14":"tag-higher","15":"tag-morning"},"_links":{"self":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/6979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/comments?post=6979"}],"version-history":[{"count":0,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/6979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media\/6980"}],"wp:attachment":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media?parent=6979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/categories?post=6979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/tags?post=6979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}