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Crypto Slumps: Bitcoin, Ethereum Sink on Hawkish Fed and Geopolitical Tensions

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

News Summary

  • Bitcoin and Ethereum are facing downward pressure as crypto prices drop from Friday's opening.
  • Federal Reserve Chair Kevin Warsh's commitment to rate hikes and rising geopolitical tensions in the Middle East have investors bracing for tighter monetary policy, fueling market volatility.
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BTCUSD price history

75968.10 +13.39% over the displayed period

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