President Donald Trump’s nomination of Kevin Warsh to lead the Federal Reserve has sent a wave of uncertainty through cryptocurrency and traditional markets, threatening to prolong the recent consolidation phase. Assuming Senate approval, the Bitcoin-friendly Warsh is poised to replace Jerome Powell when his term concludes in May. However, his appointment presents a complex and mixed outlook for investors. A Double-Edged Sword for Crypto Investors While Warsh's nomination could signal a continuation of the Fed's interest rate cuts, the bigger picture for market liquidity is less optimistic. According to Thomas ... (full story)