Bitcoin ETFs Shed $630M in Largest Daily Exit Since January

Bitcoin suffered a sharp pullback on Wednesday, giving up the crucial $80,000 support level that helped BTC rally to prices last seen earlier in the year.  The selloff comes as Congress has also confirmed a new Federal Reserve (Fed) chair—Kevin Warsh—raising expectations for how monetary policy could evolve next.  Warsh’s Confirmation In a recent report, […]

Persistent inflation and steady interest rates may shift investor preference towards traditional assets, challenging Bitcoin's inflation hedge status. The post Hot inflation data dims Federal Reserve rate cut prospects, Bitcoin slips 1.2% appeared first on Crypto Briefing.

Persistent inflation pressures may lead to prolonged high interest rates, challenging risk assets and potentially slowing economic growth. The post US supercore CPI rises to 3.3% YoY, up from 3.1%, signaling sticky inflation ahead appeared first on Crypto Briefing.

U.S.-listed spot Bitcoin ETFs recorded their largest single-day outflows in four months on Wednesday as rising inflation concerns and weakening risk appetite pressured crypto markets. According to data from SoSoValue, the 12 spot Bitcoin ETFs in the U.S. recorded roughly…

The post Bitcoin Slides Below $80K as PPI Shocks Markets, Warsh Confirmed Fed Chair, Conviction Buyers Hit 4M BTC appeared on BitcoinEthereumNews.com. Bitcoin News A viral X thread drew more than six million views after a pseudonymous user claimed Anthropic’s Claude model helped recover access to a long-dormant Bitcoin wallet holding roughly 5 BTC, valued near $400,000 at current prices. The user said the wallet, beginning with the prefix 14VJyS, had been inaccessible since 2015 after a password change. On-chain records confirm the address moved funds for the first time in nearly a decade. Recovery specialists pushed back on the framing, noting the screenshots showed AI-assisted file analysis and mnemonic matching rather than any cryptographic break of Bitcoin’s underlying encryption. The episode reignited debate over how large language models can accelerate forensic password-recovery workflows. Traders are positioning for a sharp move as the CLARITY Act vote approaches in Washington,

Kevin Warsh wins Senate confirmation as Fed chair in a 54-45 vote before the Senate’s key CLARITY Act crypto markup.

The post Bank of Japan debates near-term rate hike, signals June move appeared on BitcoinEthereumNews.com. The Bank of Japan just told the world it’s seriously considering another rate hike, and the timeline is measured in weeks, not quarters. Minutes from the BOJ’s April 27-28 meeting, released on May 11, reveal that three out of nine board members pushed for an immediate increase to the policy rate, citing persistent inflation risks and the need to continue normalizing monetary policy. The central bank currently holds its short-term policy rate at 0.75%, a level it reached after a December 2025 hike that itself marked a dramatic departure from years of negative rates. Now markets are pricing in a 65.8% chance that the BOJ bumps that rate to 1% at its June meeting. What the minutes actually say The hawkish contingent on the board, those three members who wanted to move immediately, pointed to inflation that continues to run above the BOJ’s 2% target. The bank’s own forecasts were upgr

Warsh's hawkish stance may stabilize inflation but risks economic fragility, impacting markets and crypto amid political and productivity pressures. The post Kevin Warsh set to lead Federal Reserve as US inflation climbs toward three-year high appeared first on Crypto Briefing.