Bitcoin’s Past Fed Chair Transitions Saw 77.58%–85.40% Drops; May 15, 2026 in Focus
On May 15, 2026, Kevin Warsh is expected to be confirmed as the next Federal Reserve chair, an event some traders are watching for potential spillover into Bitcoin. Across three prior Fed chair transitions tied to Nov 2013, Dec 2017, and Nov 2021, Bitcoin fell 85.40%, 84.13%, and 77.58% respectively, an average drawdown of 82.37%. Reuters also reported Warsh held crypto-related investments, including Blast, an Ethereum layer-two platform, though values were not disclosed and he has pledged to divest upon confirmation.