Trump's DOJ just cleared the path for Kevin Warsh to become the next Fed Chair.
Why does this matter for $ETH ?
Warsh is known as a hawk on inflation but a pragmatist on markets. A new Fed Chair means potential rate cuts in Q3 2026. Rate cuts mean risk-on. Risk-on means Ethereum moves.
Here's the ETH picture right now:
— Price: $2,352 — holding above $2,300 for 3 days straight
— BTC up 5.81% this week. ETH up 2.73%. The gap will close.
— Bitmine treasury approaching 5,000,000 ETH
— ETH spot ETF inflows: $275.8M last week
— "Glamsterdam" upgrade coming → network efficiency boost
— Standard Chartered target: $7,500
Every time BTC rallied first and ETH lagged — ETH caught up eventually.
Every single time.
The Fed change + ETH upgrade + institutional accumulation.
That's a powerful combination.
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