Wed, 29 Apbitcoin

Bitcoin, stocks risk 'months' of losses as Kevin Warsh Becomes Fed chair

Burns Brief

Bitcoin fell after each new Federal Reserve chair began work, data showed, while Kevin Warsh gave mixed signals over policy for risk assets The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.

Bitcoin fell after each new Federal Reserve chair began work, data showed, while Kevin Warsh gave mixed signals over policy for risk assets.

Key Takeaways