New Fed chair supports Bitcoin as generational gold, Pushpendra Singh notes

New Fed chair supports Bitcoin as generational gold, Pushpendra Singh notes
Fed chair adds momentum to crypto

Pushpendra Singh, crypto educator and blockchain enthusiast, highlights two key developments in the crypto sector.

Singh points to reports that new U.S. Federal Reserve Chair Kevin Warsh supports Bitcoin, quoting him as saying, "If you’re under 40, Bitcoin is your new gold." In addition, Singh notes that the proposed CLARITY Act could unlock trillions of dollars from hedge funds and pension money into the crypto market.

Singh has previously identified crypto as an undervalued asset class, citing the potential for a price move to $80,000 in a recent analysis. He also reported on Binance founder CZ’s anticipation of a possible break in the four-year cycle and the start of a Bitcoin supercycle in 2026 earlier this year. Both developments reflect Singh’s continued focus on structural changes within the crypto market.

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