Federal Reserve Chair Change! Kevin Warsh officially takes the stage tonight, what kind of "new era" will the crypto market usher in?

Tonight (May 22), the global financial world will witness a historic moment: Kevin Warsh will be officially sworn in, succeeding Powell to become the new Federal Reserve Chair!

Who is he?
Warsh is not only a former Federal Reserve Board member but also a seasoned Wall Street elite. He is known for his hawkish monetary policy stance and has been viewed as an "external critic" of the Fed. His rise signifies deep involvement by the Trump administration in the Fed's "monetary policy turnaround."

How will this impact the crypto circle?
Many insiders are concerned: is this a positive or negative development?

As a "supervisor" of Bitcoin: Warsh has publicly stated that Bitcoin is not a substitute for the dollar, but it is a "policeman" or "inspector" of monetary policy. He believes that the market’s immediate response to policy is an extremely valuable reference. This pragmatic attitude is seen as a potential positive by institutional circles.

The double-edged sword of interest rate policy: Trump’s nomination of Warsh was primarily driven by a desire for "rapid rate cuts." If Warsh can withstand pressure to promote liquidity release, valuations of crypto risk assets could further support. But on the other hand, Warsh is inherently an "inflation hawk," and he must walk a tightrope between "rate cuts to stimulate the economy" and "curbing inflation."

Regulatory pain points: It’s worth noting that Warsh has supported the development of CBDC (central bank digital currency). For purists seeking extreme decentralization, this could be a hidden concern.

Summary: Is the outlook overall optimistic?
In the short term, the market may fluctuate due to policy expectation uncertainties. But in the medium to long term, Warsh’s embrace of innovation and his view of crypto assets as a financial barometer are more forward-looking than Powell’s era of "ambiguity."

Points of focus:
The first speech after tonight’s swearing-in will be key—pay attention to his stance on liquidity and inflation! Do you think BTC will start a new rally because of this? Share your thoughts in the comments! #BTC #美联储 $BTC