#Binance

Prediction markets downplay Powell exit risk despite DOJ probe: Asia Morning Briefing

Traders on Polymarket and Kalshi are shrugging off the idea that a criminal investigation into the chair of the Federal Reserve would have him removed from his role early.

What to know:

Prediction markets show skepticism about the early removal of Federal Reserve Chair Jerome Powell despite a criminal investigation into the Fed's headquarters renovation.

Gold prices rose above $4,580 an ounce as traders anticipate potential shifts in U.S. monetary policy, while crypto markets remain stable.

Kevin Warsh is favored by prediction markets to become the next Fed chair, with a 43% probability according to Polymarket.

#CryptoNews #Bitcoin #BTC #Binance #CryptoMarket

#FederalReserve #JeromePowell #GoldPrice

#USMonetaryPolicy #MarketUpdate #GlobalMarkets