A criminal investigation has just been launched into Federal Reserve Chair Jerome Powell, and markets are reacting violently. This is not old news â itâs happening RIGHT NOW and traders are waking up to the shock. ďż˝
The Guardian
đĽ Why This Is HUGE for Crypto:
The Fedâs independence is a cornerstone of global finance. Politically-motivated pressure on the central bank could influence interest rates, liquidity, and risk asset flows â including cryptocurrencies like Bitcoin and altcoins. ďż˝
The Guardian
đ Market Reaction:
⢠U.S. dollar weakened sharply
⢠Gold surged to record highs
⢠Stocks fell
And crypto markets â often correlated with risk assets â saw increased volatility as traders scrambled for safe havens. ďż˝
Reuters
đĄ Why Crypto Traders Should Care:
When the Fedâs credibility is questioned, markets start pricing in:
â Bigger chances of rate cuts
â Higher inflation expectations
â Capital flows into âriskierâ assets like BTC
â Or sudden dumps if confidence collapses
This kind of headline doesnât hit often â and when it does, crypto traders can make or lose big money depending on how they react.
đ Shocking Angle:
Traders expected crypto to be driven by price charts and sentiment alone â but geopolitical and political risk has now become a direct price driver.