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Bitcoin slips below $80,000 after Kevin Warsh’s inflation vow
Economic Times — Markets✓
Original Reporting
AI EXECUTIVE SUMMARY
Bitcoin slipped below $80,000 after hawkish comments from Fed Chair Kevin Warsh raised concerns over interest rates and weighed on risk assets. The cryptocurrency is now trading near key support levels, with analysts watching $77,000 closely. Meanwhile, US spot Bitcoin ETFs ended a nine-session inflow streak with nearly $202 million in outflows, signalling some cooling in institutional demand.
Bitcoin slipped below $80,000 after hawkish comments from Fed Chair Kevin Warsh raised concerns over interest rates and weighed on risk assets. The cryptocurrency is now trading near key support levels, with analysts watching $77,000 closely. Meanwhile, US spot Bitcoin ETFs ended a nine-session inflow streak with nearly $202 million in outflows, signalling some cooling in institutional demand.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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