#Bitcoin Near Monthly High 🚀
Bitcoin is pushing toward a one-month high near $74K as markets react to major macro developments.
The nomination of Kevin Warsh as potential Fed Chairman is fueling speculation about future interest rate cuts. Markets often interpret a Trump-aligned Fed leadership as more supportive of lower rates and higher liquidity, which tends to benefit risk assets like BTC and crypto.
However, the situation is not that simple.
Warsh has historically shown hawkish views, criticizing ultra-low rates for driving inflation. This means rate cuts may not come immediately, especia