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The Nexus
BUSINESSMay 24 · 09:02 UTCCOINTELEGRAPHCointelegraph by Yashu Gola

Why is Bitcoin falling despite pro-crypto Kevin Warsh becoming Fed chair?

Bitcoin is declining despite Kevin Warsh's pro-crypto stance as rising short-term bond yields and his past hawkish remarks fuel fears of a December Federal Reserve rate hike, which could hinder Bitcoin's recovery.

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Kevin WarshpersonFederal ReserveorganizationBitcointopicshort-term bond yieldstopicDecember rate hiketopic
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