Fed chair appointment could shift crypto sentiment. Kevin Warsh has been sworn in as the new Federal Reserve chair. The Fed's job is to manage the US economy, mainly by setting interest rates. When interest rates are high, borrowing money becomes more expensive, which can slow down economic growth. Conversely, lower rates make borrowing cheaper, stimulating spending and investment. President Trump has voiced his preference for lower rates. However, traders are currently forecasting rate hikes, not cuts, for 2026. This means the market expects the cost of borrowing to increase over the next couple of years. These rate changes directly influence traditional financial markets, and by extension, impact crypto as well. Higher rates can make "safer" investments like bonds more attractive, potentially drawing money away from riskier assets like cryptocurrencies. This divergence between political preference and market expectation sets up an interesting dynamic. If the Fed indeed raises rates, it could create headwinds for assets like Bitcoin, as investors might seek less volatile returns. However, crypto's decentralized nature often provides a hedge against traditional market uncertaint...