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Another major concern with many experts including Yellen is the extremely volatile nature of crypto in general and Bitcoin in particular -- far more so than regular stock trading. Bitcoin jumped above 42000 amid a sharp rally in digital tokens spurred by optimism about a sweeping US. Fed S Janet Yellen Says The Economy Remains In Good Health Published 2017 Janet Yellen Economy Quick News Janet Yellen on Monday said bitcoin is an extremely inefficient way of conducting transactions The Treasury Secretary expressed concern that bitcoin is. . Treasury Secretary Janet Yellen is concerned that cryptocurrencies like Bitcoin are undermining efforts to protect the global influence of the US dollar with economic sanctions. Yellen recently dismissed from her post as chair of the Federal Reserve sat in the front row and listened attentively. The largest cryptocurrency rose as much as 10 to 42427 its highest level since March 2. She spoke as the cryptocu...