Text size Bitcoin and other cryptocurrencies rise Thursday. OZAN KOSE/AFP/Getty Images Bitcoin and other cryptocurrencies were rising Thursday as investors absorbed testimony from Federal Reserve Chairman Jerome Powell that a U.S. recession was a possibility. Bitcoin, the oldest and largest digital coin, added around 1.1% to $20,675, according to CoinDesk....
Securities and Exchange Commission Chairman Gary Gensler said Monday that bitcoin BTCUSD, -2.92% was the only cryptocurrency he was prepared to publicly label a commodity, rather than a security, in an interview with CNBC. The debate over whether any particular cryptocurrency can be labeled a commodity rather than a security...
