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Bitcoin

This nomination signals a potential shift toward tighter monetary policy—through balance‑sheet contraction and higher real rates—that undermines the liquidity tailwinds crypto has relied upon. At the same time, Warsh’s nuanced stance on Bitcoin—as a 'good cop' or policy watchdog—introduces a longer‑term narrative that diverges from pure hawkishness.

Trump nominates Kevin Warsh to head the US central bank.