Investors back 'undervalued' Bitcoin as Trump nominee steps up to Fed role

Investors increasingly view Bitcoin as undervalued, strengthening its market outlook amid a potential Fed leadership shift. Coinbase’s Q2 2026 survey found 75% of institutional and 61% of non-institutional respondents call BTC undervalued while BTC trades below $80,000. Spot Bitcoin ETFs have drawn nearly $2 billion year-to-date, and 21Shares’ CIO says daily BTC trading volumes now exceed $50 billion — rivaling mega-cap names like Nvidia — supporting an “institutional-ready” narrative. The Trump nominee Kevin Warsh’s likely confirmation could tilt policy toward looser rates over time, a bullish catalyst, though Jerome Powell’s decision to remain on the Fed board may limit near-term policy changes. Combined flows, sentiment and possible policy easing underpin a constructive case for BTC.