Bitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hints

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Bitcoin price has steadied around $82,000 after Federal Reserve official Warsh declined to signal further interest-rate hikes. The cryptocurrency remained above $80,000 as traders lowered their rate-hike expectations and South Korean tech stocks recovered from a recent sell-off. This resilience amid market volatility underscores the potential of Bitcoin to serve as a hedge against shifting monetary policies and general economic uncertainty, maintaining stability despite the broader fluctuations observed across various global financial markets.
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