Live markets: Bitcoin continues holding pattern near $77,000 ahead of Kevin Warsh taking over at Fed

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Live markets: Bitcoin continues holding pattern near $77,000 ahead of Kevin Warsh taking over at Fed

60-second summary

Kevin Warsh is being sworn as Fed chairman in a White House ceremony on Friday morning, replacing Jerome Powell. This transition comes as Bitcoin holds steady near $77,000, maintaining its current price pattern. Market participants are closely watching the development, awaiting potential implications on monetary policy and its impact on cryptocurrency prices.

Kevin Warsh is set to be sworn as Fed chairman in a White House ceremony on Friday morning.