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Crypto Today: Analyst Says New Fed Chair Will Slash Interest Rates
Today in crypto, a Bitcoin market analyst says the new Fed chair will slash rates, the SEC has approved Nasdaq’s proposal to list cash-settled Bitcoin index options, and US lawmakers are probing prediction market platforms over alleged insider trading.
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cryptobriefing.com
Bitcoin treads water as new Fed chair inherits a confidence crisis
Kevin Warsh confirmed as Fed chair 54-45 as Bitcoin stalls at $77K resistance. Inflation expectations hit 4.8% while crypto Fear & Greed Index drops to 28.
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cointelegraph.com
New Fed Chair Kevin Warsh Will Cut Interest Rates: Analyst
The new Federal Reserve Chairman, Kevin Warsh, will likely slash interest rates, despite most traders forecasting a rate hike, according to a market analyst.
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Crypto Today: Analyst Says New Fed Chair Will Slash Interest Rates
Today in crypto, a Bitcoin market analyst says the new Fed chair will slash rates, the SEC has approved Nasdaq’s proposal to list cash-settled Bitcoin index options, and US…
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Bitcoin falls to $74,190 as Kevin Warsh becomes Fed chair, raising rate hike fears
Bitcoin dropped to $74,190 after Kevin Warsh was sworn in as Fed chair. Despite his pro-crypto stance, hawkish rate hike fears are hammering risk assets.
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Why is Bitcoin Down Despite Pro-Crypto Kevin Warsh Becoming Fed Chair?
Rising short-term bond yields and Warsh's hawkish comments in the past are reviving December rate-hike fears, weakening the bullish case for Bitcoin.