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Bitcoin Dips Below $78K as Warsh’s Hawkish Remarks Hit Markets

Source: CoinDesk

Bitcoin slid below $78,000 as markets reacted to Federal Reserve Governor Kevin Warsh’s hawkish comments at the Kansas City Fed symposium, where he emphasized that ‘we have work to do’ on inflation. The remarks dampened hopes for imminent rate cuts, putting pressure on risk assets including cryptocurrencies.

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