#WarshLeadsFedChairRace Kevin Warsh’s odds of taking the
helm at the Federal Reserve have just spiked to 60%. With the market
pricing in unchanged rates for January, the big question is: What does a Warsh
Fed mean for Crypto? 🦅💰
The Breakdown:
The Bearish Case (Liquidity Crunch) Warsh is historically a hawk. He has been vocal about his
concerns regarding asset bubbles and the risks of "easy money." If he
leads the Fed, the "Higher for Longer" narrative on interest rates
could cement itself. Since crypto thrives on liquidity and cheap money, a
reluctance to cut rates could cap upside and