Fed Chair Warsh’s Hawkish Pivot Sends Bitcoin Below $60,000
Kevin Warsh’s debut as Federal Reserve chairman has triggered the worst crypto selloff in months, with Bitcoin plummeting below $60,000 and Ethereum collapsing toward $1,550 as markets digest a dramatically hawkish policy pivot announced June 18. The new Fed leadership removed key easing language from its statement and signaled potential rate hikes ahead, while simultaneously…