🚨 Update $BTC : Kevin Warsh becomes the frontrunner to succeed Jerome Powell

The prediction markets have flipped. Kevin Warsh is now the leading candidate to take over the Federal Reserve, ahead of Kevin Hassett after objections from Trump’s advisors.

📊 Polymarket:

Warsh 46% vs Hassett 44%

📊 Kalshi:

Warsh 52% vs Hassett 44%

(Just weeks ago, Hassett was at ~85% chance)

🧠 Why this shift?

Trump stated to the WSJ that Warsh is at the top of his list

Advisors are concerned that Hassett is too close to Trump, which could threaten the Fed's independence

Both candidates are seen as open to interest rate cuts, which is a key priority for Trump

📉 A more dovish Federal Reserve Chair means:

Faster interest rate cuts

Downward pressure on the dollar

Strong support for high-risk assets:

📈 Stocks

🚀 Crypto

BTC

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