Fed Rate Hike Odds Just Hit 68%, Is Kevin Warsh Now Bitcoin’s Biggest Problem?

BTC

BTC/USDT

$79,732.72

+0.57%

$79,732.72

+0.57%

(24s)

24h Volume

$8,570,699,434.30

24h H/L

$79,877.07 / $78,660.00

Change: $1,217.07 (1.55%)

Long/Short

52.8%

Long: 52.8%Short: 47.2%

Funding Rate

-0.0005%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,745.42

▲ 0.11%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,745.42

Support 1$79,635.96

Support 2$76,174.33

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.6

BeInCrypto Editorial

(06:50 AM UTC)

1 min read

Verified byEmily Watson

0 comments

America’s newest Federal Reserve Chair did not get a quiet start. Kevin Warsh was sworn in on May 22, three weeks ago, as the 17th Fed Chair. The youngest Fed governor ever appointed when he first joined the board in 2006 at age 35, he walked in promising “regime change”: tighter inflation discipline and a rethink of the Fed’s balance sheet.

Then the May jobs report landed. The US economy added…