On Thursday, President Donald Trump said he will announce his pick for the U.S. Federal Reserve chair to replace incumbent Jerome Powell after the latter's term ends in May. While nothing is confirmed yet, reports suggest the Trump administration is preparing to nominate Kevin Warsh, who served on the Federal Reserve Board of Governors from 2006 to 2011. Warsh has occasionally praised cryptocurrencies. Yet bitcoin (BTC) plunged late Thursday to near $81,000 lows as his odds spiked on betting sites, with ...