Bitcoin’s $70,000 Support Shatters as ‘Warsh Shock’ Triggers Massive Liquidity Exodus

Bitcoin has slid to a 15-month low after breaking $70,000 support as markets have repriced the liquidity outlook following President Trump’s nomination of Kevin Warsh as Federal Reserve chair. Traders have focused on Warsh’s push for balance-sheet reduction as gold has hit records.

The post Bitcoin’s $70,000 Support Shatters as ‘Warsh Shock’ Triggers Massive Liquidity Exodus appeared first on Cryptonews.