Morning Edition · Sunday, June 28, 2026
Bitcoin Falls With Gold and Silver as the Hawkish Fed Unwinds the Hedge Trade
The asset long promoted as an alternative to gold is falling alongside the metals it was meant to rival, on track for a second straight quarterly loss.
Bitcoin is trading below $60,000 and is on course for a second consecutive quarterly loss, an unusual back-to-back decline that goes against the asset's typical first-half pattern, CoinDesk reported. The token is down close to 7% over the w…
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New Fed Chair Scraps Forward Guidance for a Hawkish Regime
Over the coming months, the Warsh-led Fed's elimination of forward guidance and the dot plot, paired with a hawkish tilt toward hikes, injects real-rate and liquidity uncertainty that pressures risk assets including Bitcoin.
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- SecondFi Holds to Two-Week Recovery Plan After $2.4 Million Cardano Exploit
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- Stablecoin Demand Cools Even as Visa and Stripe Build the Next Layer of Rails
- A $223 Million DAO Vote Turns Governance Into a Redemption Window
- Zcash's Zooko Faults Coinbase Over In-App Betting, and Armstrong Responds
- Tether Turns Its $23 Billion Gold Hoard Into a Lending Business