Bitcoin slips as Fed chair speculation hits risky assets ...Middle East

Bitcoin slumped to a two-month low on Friday as speculation the next chair of the U.S. Federal Reserve might tighten up on ‌cash in the financial system hit cryptocurrencies and lifted the dollar. Cryptos are having a rough time in what was once hoped to be a golden ⁠era of flows and friendly regulation under President Donald Trump, with the market-leading bitcoin losing a third of its value since striking record highs in October.

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