Balance Sheet Tightening Fears Hit Bitcoin, Gold, and Silver as Warsh Signals Fed Shift
Renewed concerns over Federal Reserve balance sheet contraction are weighing on Bitcoin, gold, and silver after Kevin Warsh, widely viewed as a leading candidate for the next Fed chair, argued that the central bank’s balance sheet is trillions of dollars too large. The comments have reinforced expectations of tighter monetary conditions, triggering a pullback in … Read more