Pro-Bitcoin Fed Board Emerges as BTC Holds Near $80K on Institutional Optimism
Bitcoin hovers near $80,000 as the Federal Reserve forms its most pro-Bitcoin board yet, including Kevin Warsh with crypto stakes, potentially accelerating institutional adoption. The narrative escalated from Binance's 77% emerging-market users driving stablecoin use, Charles Schwab's Bitcoin services for 50 million clients (up to 7% allocations), American Bitcoin's 7,300+ BTC hoard and 3% mining share, BlackRock's surging IBIT demand, and $623 million ETF inflows despite outflows. Coinbase CEO Brian Armstrong forecasts global legalization post-US laws, Moody’s eyes rapid tokenization, and Scaramucci predicts S-curve growth, though short squeezes and profit-taking temper short-term gains.