Treasury Secretary Scott Bessent expects 'substantial disinflation' under new Fed Chair Kevin Warsh, signaling potential rate cuts that could impact crypto markets.

Inflation is rising and there is a consensus forming among economists that interest rates should not come down in the near future.

Kevin Warsh sworn in as Federal Reserve chair after razor-thin 54-45 Senate confirmation. His openness to rate cuts and pro-Bitcoin stance could reshape crypto markets.