Boston Fed Offers Market Stabilization Assurance: Collins Reaffirms Preparedness

Susan M. Collins, President of the Federal Reserve Bank of Boston, has clarified the Fed’s readiness to act and stabilize markets if necessary. Her reassurance stems from a clear understanding that current liquidity concerns are minimal, but the Fed holds a variety of tools at its disposal should they arise. This announcement has fostered confidence in investors, resulting in positive momentum for key cryptocurrencies such as Bitcoin and Ethereum.