Bitcoin price today: BTC slips toward $83,000 as Warsh Fed pick rattles risk trades
Bitcoin fell 2.4% to $83,331 in New York after President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair, pushing the dollar higher and rattling risk assets. Ether dropped 2.6% to $2,741. The Senate must confirm Warsh, who could shift Fed policy on rates and liquidity. Microsoft shares also slid after reporting record AI expenses and slower cloud growth.