Market Watch 🚨 #FederalReserve
Reports from the New York Times say federal prosecutors have opened an inquiry involving Fed Chair Jerome Powell, focused on the Federal Reserve’s headquarters renovation and related disclosures to Congress. While details remain limited and no charges have been filed, the headline alone is enough to shake market confidence.
For crypto traders, this matters. Any uncertainty around Fed leadership can impact rate expectations, USD strength, and overall risk sentiment. Historically, turbulence around monetary policy tends to increase volatility across Bitcoin and altcoins.
Key takeaway: watch macro headlines closely. If trust in the Fed weakens, markets could reprice fast—and crypto may feel the impact first. 📊🚀 #CryptoNews