Cryptocurrency markets plunged this week — to the dismay of crypto bros everywhere — with Bitcoin reaching two-month lows of just over $81,000 before leveling out around $84,000 by Friday afternoon.

Trump’s recent controversial pick for Federal Reserve chair seemingly did little to reassure already spooked investors, as the S&P 500 and Nasdaq futures continued to tumble on Friday.

His appointment of Kevin Warsh, a former central bank governor, to head the Fed left plenty of questions unanswered. Would he bow to Trump’s desires of lowering interest rates, or would his background imply a much more careful approach?

To many investors, the uncertainty proved too much, causing the value of major digital currencies to…