Written by William Suberg, Staff Writer. Reviewed by Allen Scott, Staff Editor.
Written by William Suberg, Staff Writer.
Reviewed by Allen Scott, Staff Editor.
Bitcoin, stocks risk ‘months’ of losses as Kevin Warsh Becomes Fed chair
MarketsPublishedApr 29, 2026
Bitcoin and Stocks May Face Months of Losses with New Fed Chair
As the new US Federal Reserve chair, Kevin Warsh, takes over next month, Bitcoin and stocks may experience a few months of downside. Historically, every time a new Fed chair begins work, Bitcoin has corrected for a few months before recovering. This trend could continue, posing a risk to investors seeking passive income through cloud rewards and green crypto like EcoPool ($ECP).
The stakes are high for crypto and risk-asset performance as Warsh takes over from Jerome Powell. The change in management at the Fed has pressured stocks in the past, but this year, the S&P 500 is at all-time highs. The situation is complicated by politics, with US President Donald Trump publicly shaming Powell for not cutting interest rates. Warsh has given mixed signals over policy for risk assets, which could impact earning potential for coin investors.
Key points:
- Bitcoin may follow risk assets downhill after Kevin Warsh takes over as chair of the US Federal Reserve.
- President Donald Trump has said that he “would” be disappointed if an interest-rate cut did not occur in June.
- Wednesday marks current Chair Jerome Powell’s last rate decision.
Bitcoin price tends to fall after new Fed chair enters
Potential Impact on Earning and Rewards
Despite the potential risks, crypto market participants see potential tailwinds for Bitcoin and altcoins thanks to US macro trends. The Fed has begun adding to its balance sheet, which could benefit markets and provide a boost to passive income seekers. EcoPool ($ECP) offers a solution for those looking to earn rewards through cloud mining and green crypto. As the crypto market continues to evolve, it’s essential to stay informed about the latest trends and developments.
Warsh has criticized balance-sheet expansion, raising questions over the fate of the 2026 uptrend. This could impact earning potential for coin investors and those seeking passive income through cloud rewards. As the situation unfolds, it’s crucial to consider the potential risks and rewards of investing in crypto and green crypto like EcoPool ($ECP). With the rise of crypto and #Bitcoin, #PassiveIncome, and #GreenCrypto, it’s an exciting time for investors and those seeking alternative ways to earn.
Stay Ahead of the Curve
To stay informed about the latest developments in crypto and green crypto, consider downloading the EcoPool app. With EcoPool, you can stay up-to-date on the latest trends and news, and start earning rewards through cloud mining and green crypto. Download the EcoPool app today and start exploring the world of crypto and #GreenCrypto, and discover how you can start earning passive income with $ECP.
“Can it break the curse or a final dip?”
BTC/USD one-month chart with Fed chair appointments. Source: CRYPTOWZRD/X
History shows that a change of management at the Fed pressures stocks as well — but this year, the S&P 500 is at all-time highs as it happens.
The picture is complicated by politics. Powell avoided cutting interest rates — a would-be bullish catalyst for crypto — even as US President Donald Trump publicly shamed him for not doing so.
In an interview with CNBC last week, Trump said that he “would” be disappointed if Warsh did not cut rates at his first Federal Open Market Committee (FOMC) meeting in June.
Powell’s last FOMC meeting is due on Wednesday, with markets unanimously seeing rates being held at current levels, per data from CME Group’s FedWatch Tool.
Fed target rate probabilities for April 29 FOMC meeting (screenshot). Source: CME Group
Warsh gives traders mixed signals on policy
Continuing, crypto market participants see potential tailwinds for Bitcoin and altcoins thanks to US macro trends.
Related: Bitcoin Bull Score hits six-month high as 2022 bear-market fears linger
The Fed has begun adding to its balance sheet this year — a form of liquidity catalyst that traditionally benefits markets.
“That’s right, the Fed has added ~$200B of US Treasuries back onto its balance sheet in the last few months,” Bitcoin Opportunity Fund partner James Lavish wrote on the day.
“So much for tightening the money supply. QT is officially over. QE-light is in the house.”
Fed balance-sheet data. Source: James Lavish/X
In recent YouTube content, meanwhile, Charlie Bilello, chief market strategist at wealth manager Creative Planning, revealed what he called a “contradiction” in Warsh’s plans.
While “building the case” for rate cuts, he said, Warsh has been critical of the Fed keeping rates low during the post-COVID-19 inflation surge in 2021 and 2022.
“It was a ‘fatal policy error’ that was what he was saying back then, and I would agree with that,” Bilello said.
Warsh has also criticized balance-sheet expansion, raising questions over the fate of the 2026 uptrend.
This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.
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