Fed’s Warsh Kills Rate-Cut Trade; Bitcoin Slides to $62K
Bitcoin plunged toward $62,000 on Tuesday as Federal Reserve Chair Kevin Warsh’s hawkish policy stance eliminated the rate-cut expectations that have underpinned crypto’s 2026 rally. The move triggered $717 million in liquidations across crypto markets and marked a dramatic reversal of sentiment just one week after Warsh’s debut FOMC meeting signaled a more aggressive stance…
