As bitcoin falls towards $80k, right here’s why Fed Chair Warsh will not be sufficient to revive the crypto
Published:
It seems like bitcoin can’t catch a break.
After dipping below
the $90,000 level last week, bitcoin BTCUSD fell another 7% this week, hitting an intraday low of $81,065 overnight. This happened against a backdrop of heightened volatility across multiple asset classes, signaling that investors have been feeling risk-averse in recent weeks — and risk-averse investors don’t want to park their money in bitcoin.