Schwab Network

The FOMC's Crypto Correlation: What Warsh Means for Bitcoin


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On a day where Bitcoin hit 52-week lows, Rebecca Liao makes the case that Kevin Warsh's presidential nomination for Fed Chair will be beneficial for cryptocurrencies. She argues the Clarity Act will not be enough for digital assets and believes Warsh's leadership will offer the next leg higher for the blockchain. Rebecca later discusses other bullish catalysts for Bitcoin, from bank adoption to leadership changes beyond government.


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