Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments

Bitcoin Magazine Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments Bitcoin dropped, then popped after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation.

The leading cryptocurrency was recently trading for $79,474 after dropping as low as $78,630 before quickly rising again.

Bitcoin has typically done […] This post Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.