Every time a new Federal Reserve Chair has taken office, Bitcoin has crashed. Kevin Warsh was sworn in yesterday.
Janet Yellen took office in 2014 - Bitcoin dropped 83%. Jerome Powell’s first term started in 2018 - Bitcoin dropped 84%. Powell’s second term began in 2021 - Bitcoin dropped 77%. Warsh took his oath on May 22, 2026. The pattern has now activated for the fourth time. Warsh is the first Fed Chair in history to hold personal crypto investments before taking the role, inheriting 3.5% rates with only one cut projected for 2026. Whether history repeats is the question every Bitcoin holder is asking right now.
BTCUSDT
Διην.
74,705.4
-1.66%
ETH
2,039.29
-1.83%