Bitcoin Slides Below $80K After Warsh Named Fed Chair, $2.5B Liquidated: Analyst
Yahoo Finance·2026-02-02 17:59

Bitcoin slipped below the closely watched 80,000levelovertheweekendaftermarketsdigestedconfirmationthatKevinWarshwillbecomethenextchairoftheFederalReserve,triggeringawaveofdeleveragingacrosscryptomarkets,accordingtoanalystsatQCPAsia.KeyTakeaways:Bitcoinbrokebelow80,000 level over the weekend after markets digested confirmation that Kevin Warsh will become the next chair of the Federal Reserve, triggering a wave of deleveraging across crypto markets, according to analysts at QCP Asia. Key Takeaways: Bitcoin broke below 80,000 after Warsh’s Fed appointment triggered broad deleveraging and $2.5 billion in liquidations. Risk-off sentiment spread beyond crypto, pressuring equities and precious metals as markets priced a t ...

Bitcoin Slides Below $80K After Warsh Named Fed Chair, $2.5B Liquidated: Analyst - Reportify