Sharing a major news story that concerns the future of the crypto world: The prosecutors in Washington D.C. have initiated a criminal investigation into Federal Reserve Chair Jerome Powell, focusing on whether he made false statements during a congressional hearing.



This investigation is particularly noteworthy. It’s important to understand that every policy move by the Federal Reserve can have ripple effects across the entire financial market and directly influence the volatility of crypto assets. If the credibility of policymakers is called into question, it could shake market expectations regarding the transparency and trustworthiness of the Federal Reserve’s policies.

For traders who focus on macroeconomic factors, such events are often key indicators of market sentiment. Increased uncertainty around Federal Reserve policies typically leads to a re-pricing of risk assets. Stay tuned for further developments.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ChainMelonWatchervip
· 13h ago
Will Powell fail? Now the Fed's words are really hard to hear. Is the crypto world about to take off?
View OriginalReply0
GhostAddressMinervip
· 13h ago
Powell under investigation? Haha, if that really happens, the fund migration patterns of those early on-chain addresses will soon reveal the clues... But then again, history always repeats itself. When the Federal Reserve's credibility drops to zero, we crypto enthusiasts should be more alert.
View OriginalReply0
MiningDisasterSurvivorvip
· 13h ago
Here we go again, is the Fed Chair under investigation? I've been through that same situation in 2018. A loss of credibility can't be decided by one or two investigations; the market has long been accustomed to it.
View OriginalReply0
BakedCatFanboyvip
· 13h ago
If Powell really has issues, the crypto market will have to reshuffle this wave of行情.
View OriginalReply0
tx_or_didn't_happenvip
· 13h ago
If Powell really crashes, this wave of market could potentially be a bottom signal.
View OriginalReply0
LiquidityNinjavip
· 14h ago
If Powell really has issues, the crypto world will have a wild celebration.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)