Investors are closely watching Federal Reserve Chair nominee Kevin Warsh's potential impact on Bitcoin, as his nomination has already led to a 14% decline in the cryptocurrency's price. Warsh, known for his hawkish stance on monetary policy, could influence Bitcoin's trajectory if he reduces the Fed's balance sheet, a move that might decrease liquidity in financial markets. Despite his previous praise for Bitcoin, Warsh's approach to interest rates and quantitative easing is causing concern among investors. Market analysts suggest that Warsh's leadership could introduce volatility in crypto markets, particularly if he pursues aggressive monetary tightening. However, some experts believe that Warsh's pro-crypto stance could eventually benefit Bitcoin, reinforcing its narrative as a hedge against monetary policy risks. As Bitcoin's price currently aligns more with non-AI tech assets rather than gold, its future performance may depend on broader market trends and institutional investment levels.