The hawkish tilt on inflation surrounding Kevin Warsh’s likely nomination as the next Federal Reserve chair is weighing on risk assets across equities and cryptocurrencies. Crypto and index futures are broadly lower as traders reassess policy paths. As of 11:50 a.m. on the 30th, CoinMarketCap shows Bitcoin down 8.08% in the past 24 hours to $81,407, with the key $82,000 level breached. Ethereum has fallen 9.52% to $2,708, while Binance Coin is down 6.81% to $838 and Ripple has slipped 8.47% to $1.73.
This broad retreat highlights a risk-off environment for major crypto assets, driven by policy expectations rather than company-specific developments. The renewed selling pressure underscores the sensitivity of prices to macro cues and policy commentary, with Bitcoin leading the downside among the top tokens.
Looking ahead, traders will monitor policymaker signals and upcoming macro data for signs of policy normalization. If hawkish messaging persists, further downside could test important support levels across the crypto market in the near term.
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