New Fed Chair Kevin Warsh says inflation is a deliberate policy choice. Here's what his hawkish stance means for crypto markets and Bitcoin prices.

New Fed Chair Kevin Warsh's 8-word FOMC statement signals aggressive inflation fight, stripping forward guidance and rattling crypto and risk asset markets.

Warsh pledged Tuesday to "get monetary policy right" and defeat the inflation that has bedeviled the central bank for the past five years.