Warsh | Crypto

Farside data shows $82.2 million leaving the category, but FBTC and MSBT still drew inflows after the Fed reset. The post Bitcoin ETF outflows expose split demand after Warsh’s Fed debut appeared first on CryptoSlate.

Bitcoin climbed back above $65,000 earlier today, reversing weeks of intense selling pressure after a sudden diplomatic breakthrough between the United States and Iran lifted a major geopolitical cloud over global financial markets. Data from CryptoSlate shows that the flagship digital asset rose more than 3% to reach as high as $65,940, but has since […] The post Bitcoin jumps as Trump’s Iran deal reopens Hormuz – but will Warsh’s first Fed meeting kill the rally? appeared first on CryptoSlate.

The current Federal Funds target rate is between 350 and 375 basis points, which traders project to rise by at least 25 basis points in December 2026. Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash interest rates, despite the “consensus” view that he will raise interest rates, according to author, Bitcoin investor and market analyst Lawrence Lepard. Lepard said that comments from other US officials, including Kevin Hassett, the director of the White House National Economic Council, and Treasury Secretary Scott Bessent, support the likelihood of rate cuts in 2026. He added:  Source: Lawrence Lepard Read more