Bitcoin Slips to $82K as Liquidations Spike to $1.7B

In brief

• Bitcoin and the broader equity markets declined amid a global risk-off move, driven by a mix of macro and geopolitical factors.
• Next Fed chair speculation centers on former Fed Governor Kevin Warsh as the frontrunner following reports of a high-profile White House meeting on Thursday.
• A late-night Senate deal to fund the government has temporarily eased equity selloffs after crypto’s $1.75 billion liquidation event.