Dossier
Federal Reserve Chair Kevin Warsh
Coverage of Federal Reserve Chair Kevin Warsh in the Nexus archive.
- Bitcoin down 20% since May as Strategy fallout spooks investors
Bitcoin has dropped 20% since May, with Ethereum and the broader crypto market also declining. The downturn is linked to waning confidence in Strategy, a Bitcoin-holding company, as its stock and STRC token lose value, raising fears of forced Bitcoin sales. Federal Reserve comments on inflation and potential interest rate hikes further spook investors.