Live markets: Bitcoin heads lower late Friday as Warsh takes over at Fed
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- Bitcoin fell to $75,800, down 2.4% over the past 24 hours, marking its lowest level in May.
- Ethereum slipped slightly more than Bitcoin, with Solana and XRP also falling in the same period.
- Tom Lee had earlier said a month‑end close above $77,000 would signal three consecutive months of gains, but Friday’s decline jeopardized that outlook.
- Nasdaq rose 0.3% as U.S. stocks held modest gains ahead of the three‑day weekend.
- S&P 500 continued to trade at record highs, underscoring the divergence between equity strength and crypto weakness.
Why it matters: Crypto investors lose as Bitcoin slips 2.4% to $75,800, undermining Tom Lee’s three‑month bull‑market signal, while equity holders see a modest 0.3% Nasdaq rise amid record‑high S&P 500 levels.
