Bitcoin sinks below $70,000 after Bessent says the US government can't tell banks to bail out crypto - Yahoo Finance

Bitcoin has fallen below $70,000 following comments from hedge fund manager Bessent, who stated that the U.S. government lacks the authority to instruct banks to bail out the cryptocurrency sector. This decline reflects ongoing concerns about regulatory interventions and their potential impact on the crypto market.

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Source: Google News Crypto · Report an issue