Kevin Warsh: FOMC Liquidity Signals Steer BTC Path

Kevin Warsh leads his first FOMC meeting on June 16-17 amid sticky inflation and a split Fed, forcing markets to price every signal on future liquidity. BTC now moves in lockstep with equities, gold and the dollar on the single question of where liquidity heads next, rendering crypto-native narratives secondary. A hawkish Warsh tone keeps the dollar firm and pressures high-growth assets, while any dovish lean could spark a relief rally across risk assets even as elevated inflation questions the justification for easing. Cross-asset flows now dictate outcomes more than isolated stories, with traders monitoring dollar strength and post-meeting reactions in BTC to gauge the macro setup.