The "Powell vs. DOJ" Crisis Triggers Bitcoin Rally
The primary driver of today's market is an unprecedented conflict at the Federal Reserve.
The News: Fed Chair Jerome Powell revealed Sunday evening that the Department of Justice (DOJ) has threatened him with criminal charges regarding his 2025 congressional testimony.
The Impact: Bitcoin and privacy coins (Monero, Zcash) surged as investors fled to decentralized assets to hedge against a perceived breakdown in central bank independence.
