Bitcoin (BTC-USD) hovered near $86,000 on Wednesday as Wall Street remained wary of a meaningful rebound heading into the end of the year. Recent jitters over AI-related stocks and speculation over who will take over Fed Chair Jerome Powell's position next year may be keeping a lid on prices. "For a while, the market was convinced that ultra-dove Kevin Hassett was a shoo-in for the next Fed Chair role, but now Kevin Warsh — a far more hawkish candidate — appears to be emerging as the frontrunner," Coin Bureau investment analyst and co-founder Nic Puckrin said. Seasonal pressures are adding another headwind, as ... (full story)