Live markets: Bitcoin heads lower late Friday as Warsh takes over at Fed

2026-5-25 17:24

Kevin Warsh was sworn in as Fed chairman in a White House ceremony early Friday afternoon. origin »

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Former Fed Governor Pins Bitcoin Rise on Weakening Dollar and Inadequate Monetary Policy 

Kevin Warsh, a one-time Bitcoin skeptic, appears to have softened his stance on the asset following the past few weeks of strong performances. Speaking with CNBC's Squawk Box, Warsh, a former Governor of the Federal Reserve, explained that the leading cryptocurrency had benefited largely from the slip in the dollar across last year.

2021-1-7 19:26