EconomyBitcoin faces new macro test as Fed Chair Kevin Warsh flags sticky inflation
Federal Reserve Chair Kevin Warsh said 54% of personal consumption expenditures components rose more than 3% over the past year, making a quick shift toward easier policy harder to justify. Bitcoin briefly reached $81,280 before slipping below $80,000. U.S. spot Bitcoin ETFs drew more than $1.1 billion over four sessions, with BlackRock’s IBIT accounting for about 86%.
People in this report Kevin Warsh
Bitcoin faces new macro test as Fed Chair Kevin Warsh flags sticky inflation
Economy