Sluggish
crypto
prices
were
on
the
receiving
end
of
two
positive
catalysts
on
Friday,
first
as
U.S.
Federal
Reserve
Chairman
Jerome
Powell
confirmed
that
a
monetary
easing
cycle
will
begin
next
month,
and
then
as
crypto-friendly
RFK
Jr.
threw
his
support
behind
the
(also
crypto-friendly)
GOP
standard-bearer
Donald
Trump
in
the
presidential
campaign.
Already
higher
by
about
3%
on
the
Fed
news,
bitcoin
(BTC)
rose
further
following
the
Kennedy
announcement,
trading
at
$63,800
at
press
time,
or
up
5.6%
over
the
past
24
hours.
The
broader
CoinDesk
20
Index
was
up
4.7%
over
the
same
time
frame,
with
ether
(ETH),
tezos
{{XTX}}
and
solana
(SOL)
among
the
tokens
posting
5%
or
more
gains.
