Bitcoin price and the crypto market sank on Friday morning after Donald Trump announced that he will deliver his Federal Reserve pick later today, with traders on Polymarket betting on Kevin Warsh. Traders on Polymarket and Kalshi are betting that Donald Trump will nominate Kevin Warsh to be the next Federal Reserve Chair. Data on Polymarket shows that the odds of Warsh have jumped to 92%, while Rick Rieder’s probability has dropped to 6%. Similarly, the same is happening on Polymarket, where the odds have jumped to 91%, the highest level on record. The odds jumped after Reuters reported that Trump had met with Warsh ... (full story)