Bitcoin falls to $74,190 as Kevin Warsh becomes Fed chair, raising rate hike fears
Bitcoin has fallen to $74,190, its lowest price in over a month, following the appointment of Kevin Warsh as the new Fed chair. Despite being seen as pro-crypto, Warsh's hawkish stance on inflation is causing concern among traders. The market is reacting to the potential for tighter monetary policy, which could further impact Bitcoin's value.
- ▪Bitcoin dropped to $74,190 over the weekend, marking a significant decline.
- ▪Kevin Warsh, the new Fed chair, is known for his pro-crypto views but has a hawkish approach to inflation.
- ▪Market expectations for Fed rate cuts have decreased significantly since Warsh's nomination.
Opening excerpt (first ~120 words) tap to expand
Bitcoin falls to $74,190 as Kevin Warsh becomes Fed chair, raising rate hike fears The new Fed chairman may be pro-crypto, but his hawkish inflation stance is already punishing risk assets. Share Add us on Google by Editorial Team May. 24, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Bitcoin dropped to $74,190 over the weekend, its lowest price in more than a month, just one day after Kevin Warsh was sworn in as the 17th Chair…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
