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Bitcoin (CRYPTO: BTC) has sold off during every Fed chair transition since 2014, as Kevin Warsh takes over May 15 inheriting 3.50% rates with just one cut projected for 2026.
The Historical Pattern Is Consistent
When Janet Yellen became Fed Chair, Bitcoin dropped 86%. When Powell was first appointed, the crypto shed 73.56% of its value.
At Jerome Powell’s second term confirmation in 2022, Bitcoin fell 60.72%.
Powell held his final FOMC meeting as Fed Chairman Thursday. Warsh inherits 3.50% rates and just one rate cut projected for the rest of 2026, setting up a potentially challenging environment for risk assets.
With Bitcoin currently trading around $77,367, analysts …
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