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Bitcoin Mixed as Warsh's Hawkish Fed Clashes With Pro-Crypto Stance

Beincrypto Read original source (opens in a new tab)
The Story

News Summary

  • Kevin Warsh sworn in as Federal Reserve Chair with hawkish inflation stance and crypto-friendly record.
  • Markets expect faster quantitative tightening, creating near-term headwinds but longer-term tailwinds for Bitcoin as a reserve asset.
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75924.08 +13.33% over the displayed period

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