đ§ What Actually Triggered the $BTC Sell-Off?
Bitcoinâs sharp pullback came right after Trump confirmed he will reveal his pick for the next Fed Chair. This move wasnât random â it was the market reacting to a sudden shift in expectations. Trump has been vocal about wanting rapid growth and aggressive rate cuts, which directly conflicts with the Fedâs current position.
Jerome Powell recently held rates at 3.50%â3.75%, stressing that inflation is still elevated. Trump, on the other hand, continues to argue for ultra-low rates. That policy clash created uncertainty, and risk assets donât respond well to mixed signals â especially when liquidity is at stake.
Following Trumpâs remarks, betting odds shifted quickly, with Kevin Warsh emerging as a leading candidate. But hereâs what many are overlooking: Warsh is known for a traditional, stability-focused approach. A former Fed Governor during the 2008 crisis, heâs cautious about heavy easing and far from a âmoney printer.â
So donât assume ârate cuts = bullish.â
If Warsh takes the role, policy may remain tight â regardless of political pressure.
