Kevin Warsh’s nomination is currently trending because any shift in monetary policy can affect risk assets such as crypto.
Here’s the lowdown:
📉 If policy becomes tougher (hawkish) → Pressure on BTC and altcoins
📈 If policy becomes looser (dovish) → Risk assets generally perform well, including crypto
As a trader, what should you do?
✅ Monitor BTC’s action, not just news ✅ Monitor volume and market structure ✅ Refrain from making emotional trades on news ✅ Wait for price to confirm the direction
💡 My personal opinion: Trade confirmation, not opinions.
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