Fed Hawkishness Sends Bitcoin Price Plummeting to $64K

Bitcoin's price has plummeted to $64K following hawkish comments from the new Fed Chair. The remarks sparked a sell-off in the cryptocurrency market, with Bitcoin experiencing significant losses.

The new Fed Chair's comments were seen as a trigger for the sell-off, which saw Bitcoin's price drop to $64K. This decline marks a significant downturn in recent weeks, with some investors expressing concerns about the market's future prospects.