What’s next for Trump’s crypto, and is the US economy in trouble? Kevin Warsh’s name shot to the front of the Fed race in a single trading session, catching markets mid-stride.
Polymarket odds vaulted from 13% to 36% after reports that President Trump has narrowed the field to two men: Kevin Hassett and Warsh. The market still gives Hassett the edge at 56%, but the swing toward Warsh signals that traders believe Trump may prefer a more aggressive rate-cut advocat,
“Warsh was at the top of my list,” Trump told the Wall Street Journal, adding that the next chair must cut rates immediately.
(Source: Polymarket)
So who the heck is this Warsh guy? And how will all of this impact crypto heading into 2026:
DISCOVER: 20+ Next Crypto to Explode in 2025
Trump Crypto and Who Is Kevin Warsh? Data Shows Markets Pricing the Pivot
Things have been murky for crypto in 2025. Bitcoin hasn’t had the same euphoria like in 2017 and 2021. Ethereum has been basically crabbing all this time and at one point, it dumped over -60% without hitting mania.
Additionally, Solana had massive euphoria with TikTok zoomers gambling, but all of this peaked with the Trump crypto launch and wasn’t really about Solana itself, just memecoins on top of it. So could a new Fed chair like Kevin Warsh change these things?
Kevin Warsh (people keep typo-ing it as “Wars”), is a former Federal Reserve governor (2006–2011) who was in the room during the 2008 meltdown as the Fed’s Wall Street liaison and G-20 representative, then left public service and reappeared in the respectable half-light of elite finance and academia.
He’s since been a part of the Hoover Institution at Stanford and corporate board seats like UPS.
Jamie Dimon also weighed in alongside Trump, signaling support for Warsh while noting that Hassett may align more cleanly with Trump’s demands for “larger and faster” cuts.
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What’s Next For Bitcoin? A Global Macro Week Loaded With Landmines
This week will be massive for
Bitcoin
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and crypto. The Bank of Japan’s impending hike carries a 98% on Polymarket and could pressure Bitcoin, which historically softens after BoJ tightening.
And quietly, the SEC may steal the show with a high-stakes roundtable on privacy coins, featuring Zcash founder Zooko Wilcox.
High policy stakes, a split Fed race, global tightening, and a regulatory spotlight on privacy coins, we’re in for a big one to end off 2025!
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Key Takeaways
What’s next for Trump crypto and is the US economy cooked? Kevin Warsh’s name shot to the front of the Fed race.
Quietly, the SEC may steal the show with a high-stakes roundtable on privacy coins, which will feature Zcash founder Zooko Wilcox. .
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