US Senate to vote on Trump's pro-Bitcoin Fed nominee Kevin Warsh as BTC nears $70,000 level

The United States Senate is preparing to vote on President Donald Trump's nomination of Kevin Warsh as the next Federal Reserve chair, succeeding Jerome Powell when his term ends in May. Bitcoin has climbed to a four-week high and is approaching resistance near $70,000, while options markets show a notable premium for put contracts over calls as traders weigh Warsh's crypto-friendly remarks against his reputation for hawkish monetary policy.