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Bitcoin slips 0.6% to $76,987 as rate-hike talk weighs

Bitcoin (BTC) is down 0.6% to $76,987, pressured by Fed Chair Warsh’s recent speech that shifted sentiment toward a quarter-point rate hike later this month.

BTC

Bitcoin is down 0.6% to $76,987, under pressure after Fed Chair Warsh's recent speech that pushed overall market sentiment toward a quarter-point rate hike later this month.

Alternative store-of-value assets like gold and bitcoin have been hit by higher Treasury yields, which come at a time known t…