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Bitcoin Stalls as Traders Book Profits Amid Jerome Powell Succession Talks
decrypt.co/330332/bitcoin-traders-book-profits-jerome-powell-succession-talks
In brief
- Bitcoin dropped 4.5% from its all-time high to $117,250 as traders locked in profits and exchange inflows surged.
- Sticky inflation and Fed uncertainty added pressure, with June CPI rising to 2.7%, dimming hopes of rate cuts.
- Powell’s potential replacement is becoming a…
This story appeared on decrypt.co, 2025-07-16 10:05:39.025000.