What Federal Reserve Chair nominee Kevin Warsh could do to Bitcoin’s price

With Bitcoin’s price down the pan, investors are now waiting to see what Federal Reserve Chair nominee Kevin Warsh will do to markets if he takes the helm in June. Despite praising Bitcoin and calling for lower interest rates last year, markets initially priced in Warsh as a hawk — someone who would keep interest rates high in an aggressive bid to tamp down inflation. But it’s what Warsh might do with the Fed’s balance sheet that concerns investors. Since the Great Recession, the Fed has purchased trill ...