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Prediction markets are now pricing in a 56% probability that Kevin Warsh will be tapped as the next Federal Reserve Chair nominee—a notable shift reflecting growing market confidence in his potential appointment.
What's catching traders' attention? Warsh has been increasingly vocal about Bitcoin's role in the financial system. In recent commentary, he's positioned BTC as a viable long-term store of value, drawing parallels to how gold functions in traditional portfolios. This stance marks a significant tilt toward crypto-friendly monetary policy discussion at the highest levels of U.S. financial governance.
The rising odds on Polymarket suggest investors are factoring in not just his nomination likelihood, but also the broader implications for how the Fed might approach digital assets under his leadership. For the Bitcoin community, a Fed chair sympathetic to crypto's fundamentals could reshape the regulatory and policy landscape heading into the next economic cycle.
Whether this momentum holds through the formal nomination process remains to be seen, but the market's message is clear: monetary policy figures openly discussing Bitcoin's store-of-value properties are moving from fringe to mainstream conversation.