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Fed Chair Nominee Kevin Warsh Has Called Bitcoin The 'New Gold', Yet BTC Is Down 3%
Market Intelligence Analysis
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Why This Matters
Kevin Warsh, potential Fed Chair nominee, has expressed support for Bitcoin, calling it 'new gold', but its price has dropped 3%, contradicting his positive sentiment.
Market Impact
Market impact analysis based on bearish sentiment with 70% confidence.
Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Presumptive Fed Chair nominee Kevin Warsh has in the past voiced tentative support for Bitcoin (CRYPTO: BTC), viewing it as a tool to inform policymakers rather than a threat to monetary stability. Bitcoin – Not A Trouble, But Policy Signal In a May 2025 interview with the Hoover Institution, the former Fed governor said the U.S. economy is poised for a productivity boom and that the Fed only needs modest adjustments, not a revolution, to maintain its core strengths. He added that Bitcoin does n
Original article published by
Yahoo Finance
on February 2, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.