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Bitcoin (BTCUSD) Tumbles on Fed Chair Nomination and ETF Outflows Amid Speculative Retreat

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin continues its decline amid institutional ETF outflows and expectations of tighter Fed policy under new Fed Chair nominee Kevin Warsh, reflecting a retreat from previous speculative gains despite a still significantly higher price than early 2023.
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BTCUSD price history

75922.35 +13.32% over the displayed period

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