đš TRUMP FED PICK SHAKES $BTC AND $ETH MARKETS! đš
The dump wasn't random. Expectations of aggressive rate cuts just collided with reality. Markets hate mixed signals, especially when liquidity is tight.
$BTC sold off hard after Trump confirmed his Fed Chair pick announcement tomorrow. The market is pricing in Kevin Warsh as the favorite.
â ïž WHY THIS MATTERS: Warsh is NOT a money printer. He is traditional, skeptical of easing, and cautious on crypto. Loose policy is NOT guaranteed.
Don't get trapped thinking "rate cuts = bullish" if Warsh is in charge. Policy won't be loose just because the President wants it. Prepare for stability focus.
#FedChair #CryptoVolatility #RiskOff đ„
ETHUSDT
Löpande
1,964.63
+0.74%
BTCUSDT
Löpande
67,999.9
+1.14%