Bitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hints
Bitcoin held above $80,000 as South Korean tech stocks recovered from a sell-off and traders lowered their expectations for a Federal Reserve interest-rate hike.
Bitcoin steadied around $82,000, holding above $80,000, after Federal Reserve nominee Kevin Warsh avoided signaling a near-term rate hike. Traders reduced their expectations for a Fed rate increase, and South Korean tech stocks recovered from a sell-off. A less hawkish Fed outlook supports risk assets like crypto, giving traders a reason to expect continued upside if rate-hike fears keep fading.
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41M AGOCrypto Briefing · Score 25 · via steadies $82,000, Bitcoin steadies
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55M AGOYou’re reading thisBitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hintsCointelegraph · Score 55