Bitcoin Slides Below $80K as PPI Shocks Markets, Warsh Confirmed Fed Chair, Conviction Buyers Hit 4M BTC
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,