Bitcoin just got some major free press.

As if it really needed any more of it...

During Janet Yellen's testimony before the House Financial Services Committee, an unidentified man held up a sign saying "Buy Bitcoin".

https://s14.postimg.org/oojl2vpnl/104582262-_Yellen-bitcoin.530x298.jpg

Yellen was speaking during the first round of the Fed's semi-annual monetary policy report to Congress and also addressing the state of the economy.

The event and the sign were seen live on television.

The unidentified man was subsequently removed from the hearing room.

Did it effect the price of Bitcoin?

It looks like it did at least slightly, as the price traded near the highs of the day at 1:03 pm EST shortly after the sign was visible.

https://s13.postimg.org/swlhzsxfb/Screenshot_18.png

Yellen did not comment on Bitcoin or cryptocurrencies during this hearing, but perhaps after hearing about the sign behind her, she will comment on it at the next one. ;)

Stay informed my friends!

Sources:

http://www.cnbc.com/2017/07/12/someone-held-up-a-buy-bitcoin-sign-during-yellens-testimony-to-congress.html

Image Sources:

http://www.cnbc.com/2017/07/12/someone-held-up-a-buy-bitcoin-sign-during-yellens-testimony-to-congress.html

Follow me: @jrcornel