Business
impact 16
Bitcoin, stocks risk 'months' of losses as Kevin Warsh Becomes Fed chair
Bitcoin, stocks risk 'months' of losses as Kevin Warsh Becomes Fed chair Bitcoin fell after each new Federal Reserve chair began work, data showed, while Kevin Warsh gave mixed signals over policy for risk assets.
Why it matters
Not an isolated event—bitcoin has been trending in this direction. The risk connection makes it particularly relevant.