Bitcoin Falls Back Below $80,000 on Fed Chair's Hawkish Remarks

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Im Hwa-seop = After U.S. Federal Reserve Chairman Kevin Warsh stated on the 28th (local time) that he would lower the inflation rate to the target level, Bitcoin...

asriran.com

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Bitcoin prices fell below $80,000 again after Federal Reserve Chairman Kevin Warsh emphasized returning inflation to the central bank's target.

ddaily.co.kr

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[Digital Daily Reporter Cho Yoon-jung] As U.S. Federal Reserve Chair Kevin Warsh emphasized his commitment to price stability, the price of Bitcoin fell back below $80,000. This is due to dampened investor sentiment toward risky assets as expectations for interest rate cuts weakened. However, analysts suggest that the mid-to-long-term trend should be monitored, noting that excessive leverage was not accumulated during the recent rebound and dema…

Thanh Niên

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Bitcoin prices and the cryptocurrency market as a whole fell sharply today following the hawkish remarks from the chairman of the US Federal Reserve (Fed).